24.06.2015 16:35:00
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Moody's: Priceline's high revenue growth to slow as competition mounts
New York, June 24, 2015 -- Priceline Group has emerged as the market leader in the rapidly growing online travel space, Moody's Investors Service says in a new report. But escalating competition will temper its high growth rates and weigh on the company's elevated operating margins over the next few years, and could prompt a shift to more aggressive financial policies.