The US Department of Justice’s (DOJ) Antitrust Division is preparing to block Sabre’s US$360 million acquisition of Florida-based Farelogix, per Bloomberg.
The two companies, which both develop ticket-selling tech for airlines, agreed to the deal in November. The DOJ is reportedly concerned that the transaction would stifle competition, echoing similar worries from UK regulators.
The Justice Department challenge would follow concerns raised by the UK’s antitrust regulator on Friday, August 16. The Competition and Markets Authority stated its initial investigation of the takeover found Farelogix is a competitive threat to Sabre because it relies on a disruptive business model and has brought innovation to the market even though it’s smaller.
Full Content: Bloomberg, DOJ
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
