Expedia, Wotif deal raises concerns down under


Expedia's (NASDAQ:EXPE) international expansion effort has hit a bump in Australia, after the country's Competition and Consumer Commission announced concerns over its $660M takeover of Wotif.com (OTCPK:WTIFY).

In its preliminary assessment of the deal, the antitrust regulator says that Expedia's bid could inflate commission rates charged to accommodation providers. The regulator's final decision is due in October.

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