Google Working with Hotels to Stifle Competition, Raise Prices for Consumers
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Title : Google Working with Hotels to Stifle Competition, Raise Prices for Consumers
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Title : Google Working with Hotels to Stifle Competition, Raise Prices for Consumers
link : Google Working with Hotels to Stifle Competition, Raise Prices for Consumers
news-today.world | Google is working with select hotels to stifle competition, which is making travel more expensive for consumers, according to a report.
In their report, the Wall Street Journal explained how consumers are being stopped by Google from seeing “the lowest price deals.”
“More than 100 million Americans are expected to travel during the holidays, and many will search for lodging online. But travelers may unknowingly pay more and fail to see all of their options because some major hotels have ganged up with Google to undercut competition,” reported the Wall Street Journal on Wednesday, adding that online travel agencies (OTAs) “like Expedia, Priceline and Travelocity have replaced brick-and-mortar agents by offering consumers more choice and convenience at a lower price.”
“As hotels get squeezed by Airbnb and home rental sites, they have begun complaining that OTAs are eating into their profits. Several major hotels are now trying to use Google as a counterweight, while Google is exploiting its search dominance to steer consumers to its travel service,” they declared.
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In their report, the Wall Street Journal explained how consumers are being stopped by Google from seeing “the lowest price deals.”
“More than 100 million Americans are expected to travel during the holidays, and many will search for lodging online. But travelers may unknowingly pay more and fail to see all of their options because some major hotels have ganged up with Google to undercut competition,” reported the Wall Street Journal on Wednesday, adding that online travel agencies (OTAs) “like Expedia, Priceline and Travelocity have replaced brick-and-mortar agents by offering consumers more choice and convenience at a lower price.”
“As hotels get squeezed by Airbnb and home rental sites, they have begun complaining that OTAs are eating into their profits. Several major hotels are now trying to use Google as a counterweight, while Google is exploiting its search dominance to steer consumers to its travel service,” they declared.
More here
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You are now reading the article Google Working with Hotels to Stifle Competition, Raise Prices for Consumers With link address https://newstoday-ok.blogspot.com/2017/12/google-working-with-hotels-to-stifle.html