U.S. Loses Another Antitrust Battle as Travel Tech Deal OKed (3)

April 8, 2020, 12:43 PM UTCUpdated: April 8, 2020, 7:26 PM UTC

Sabre Corp. beat a Justice Department antitrust lawsuit that sought to prevent its $360 million acquisition of Farelogix Inc., as a federal court approved the travel industry deal.

Judge Leonard Stark of the U.S. District Court for the District of Delaware held in an order Tuesday that the merger can proceed despite a DOJ lawsuit that alleged the deal would drive up prices for flight booking fees.

Stark, in a redacted opinion released Wednesday, said the government failed to show how the deal would harm competition.

“While the DOJ argues that Sabre’s purchase of Farelogix will ‘reduce competition to innovate,’ ...

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