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Google Receives ‘Second Request’ From DOJ On ITA Acquisition

Google Inc. (GOOG) said Friday it had received a “second request” for more information from U.S. regulators looking at its pending $700 million acquisition of flight information software company ITA Software Inc.

The Internet search giant, however, said in a blog post it remained “confident” the Department of Justice will conclude that the online travel market will remain competitive after the acquisition closes.

“We’ve been encouraged by the travel industry support we’ve seen for this acquisition–from airlines to online travel agencies,” Andrew Silverman, senior product manager, wrote in the blog post.

Silverman said online travel companies have noted in the past few weeks they have alternatives to ITA’s key product, including Expedia Inc.’s (EXPE) Best Fare Search and Travelport LP’s Worldspan’s e-pricing search technology.

Google last month said its agreement to buy ITA, which specializes in organizing airline data, including flight times, availability and prices, will enable the Internet giant to create new flight-search tools to help users find better flight information more easily on the Web.

Google Chief Executive Eric Schmidt said at the time he expected a “significant” regulatory review of the deal, but he stressed that he was comfortable with his company’s position because it doesn’t currently compete against ITA Software and the deal wouldn’t change existing market shares.

Google added it won’t be setting airfare prices and has no plans to sell airline tickets to consumers.

Shares in Google were recently up 1.9% at $458.96.

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