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News Story
8/11/2015
Posted by Mark Reback
The US Department of Justice to is being urged to block the proposed $1.3 billion merger of online travel agency giants Expedia and Orbitz "to maintain vital competition that ensures fair prices for consumers". The call comes from US-based consumer champion, Consumer Watchdog. Expedia announced the Orbitz merger in February just after it...
News Story
8/11/2015
Posted by Mark Reback
Complaints about airlines soared more than 20 percent during the first half of this year, according to a government report released Tuesday. Meanwhile, Chicago-based United Airlines had an abysmal on-time rate in June, with just two-thirds of flights arriving on time, according to the same report. And more bad news: Chicago's two airports were...
News Release
8/10/2015
Posted by John M. Simpson
SANTA MONICA, CA – Consumer Watchdog today called on the U.S. Department of Justice to block the proposed $1.3 billion merger of online travel agents Expedia and Orbitz “to maintain vital competition that ensures fair prices for consumers.” “The proposed deal would give the combined company monopolistic control of the...
News Story
8/10/2015
Posted by Mark Reback
WASHINGTON: A consumer group and hotel industry association are raising objections to the planned merger of online travel bookers  Expedia and Orbitz, claiming the deal would lead to a powerful duopoly. The activist group Consumer Watchdog said in a letter Monday to the Justice Department that the tie-up would “severely impact consumers...
News Story
8/10/2015
Posted by Mark Reback
A leading consumer group is joining the hotel industry in asking the Department of Justice to block the proposed merger of travel booking sites Expedia and Orbitz. “The proposed deal would give the combined company monopolistic control of the online booking market, enabling it to impose higher fees on hotels, which would inevitably mean...
News Story
7/25/2015
Posted by Mark Reback
In a mega-deal that alarms some health policy experts and consumer advocates worried about increasing industry consolidation and the prospect of higher premiums, health insurance giant Anthem has agreed to acquire rival Cigna for $54 billion.     The agreement announced Friday would create the health insurance industry's biggest...
News Story
5/26/2015
Posted by Mark Reback
Fresh off its failed merger with Comcast, Time Warner Cable reportedly was speeding Monday toward a link with Charter Communications for a whopping $55 billion. Charter and its billionaire backer John Malone offered to pay $195 per share in the blockbuster deal, with $100 coming from cash and the rest from stock, Bloomberg News reported. That'...
News Release
4/24/2015
Posted by John M. Simpson
SANTA MONICA, CA – Consumer Watchdog today welcomed the demise of the Comcast -Time Warner Cable deal in the face of strong objections by federal regulators as a victory for consumers and the public interest group called on the Federal Communications Commission and Justice Department to block the pending merger of AT&T and DIRECTV. When...
News Release
4/14/2015
Posted by Harvey Rosenfield
Santa Monica, CA -- Time Warner Cable is refusing to negotiate deals with other broadcasting companies that would allow southern Californians who do not subscribe to TWC to watch Dodger games in order to leverage public support for its $45 billion merger with Comcast, Consumer Watchdog said today. Time Warner executives have said they are “...
News Story
3/25/2015
Posted by Mark Reback
Consumers' growing appetite for healthier fare is pushing together two of the world's largest processed-food companies — a deal that would combine an extensive shopping list of household names including Heinz Ketchup, Kraft Macaroni & Cheese, Oscar Mayer Wieners and Jell-O. H.J. Heinz Co.'s plan to buy Kraft Foods Group Inc....