IT'S NOT A LOT OF QUESTIONS BUT I HAD TO TAKE MANY SCREENSHOTS FOR THE DROPDOWN MENU.

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Which company spent very little on R\&D and was still able to gain significant market share? 165 By 2010 or thereal 169 These real-time comparison shopping solutions provide comparisons across price, features, availability and quality. 170 Metasearch players make money by collecting referral fees from agencies and service providers and from advertising revenue. 171 Well known players include Kayak (Booking, 2013-present), TripAdvisor (Expedia 2004-2011), Trivago (Expedia 2013-present) and TravelZoo. 172 Metasearch players impact the online travel agency market by: - Enabling full, transparent price discovery - Commoditizing the service of online travel agencies, making the source of the hotel room or airline ticket indistinguishable and undifferentiated - Undermining the travel website brand value - Challenging the network effect Is the advent of these services favorable or unfavorable for online travel websites