Expedia, Wotif deal raises concerns down under

|About: Expedia, Inc. (EXPE)|By:, SA News Editor

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.