Expedia Hits a Downdraft

The Motley Fool at MSN Money is reporting that Expedia's earnings could take a hit from the latest actions by GDS companies to squeeze travel agent incentives. Worldspan is a big contributor of incentives to Expedia - in excess of $170 million annually. And, we all know that Worldspan has trouble of their own. Nonetheless, Expedia is still the big daddy of online agents with over 40% market share.