Ascendiant Capital Markets analyst Edward Woo said the delay could be because of the OFT's 2012 investigation of online travel agencies. Britain's consumer watchdog alleged in July that Priceline's hotel reservation site, Booking.com, and Expedia broke European and UK competition laws by signing deals with InterContinental Hotels Group that limited the discounts offered on hotel rooms. Priceline has denied the allegations. It expects the decision on whether the OFT will file charges in the second half of 2013 at the earliest, according to its annual report dated February 27. "This may be part of why the review is taking a couple of months longer than expected," Woo said. "I think the merger will be approved." Get the full story at Reuters Read also "Kayak Focuses On Its European Expansion Before Joining Priceline" at Trefis