Word: blachford
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Dates: during 2000-2009
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...rivals say Orbitz is a Trojan horse that will initially offer low prices, pound competitors out of business and then raise prices. They cite the "most-favored-nation" clause, which requires member airlines to offer Orbitz every low fare they negotiate with others. Expedia vice president Eric Blachford says that clause gives Orbitz an unfair advantage. CEO Jeffrey Katz insists that Orbitz, which is a separate corporation, won those stipulations fair and square through arm's-length negotiations and technology that reduces booking costs. "Orbitz is operating completely within the law," he says...
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