Priceline.com is a company and a commercial website that helps users obtain discount rates for travel-related purchases such as airline tickets and hotel stays. The company facilitates the provision of travel services by its suppliers to its customers. People can directly access a complete array of schedules and fares. This process has, to a great extent, eliminated the travel agency as a middle man. This is an example of:
A) disbarment.
B) repudiation.
C) annulment.
D) disintermediation.
E) revocation.

Question

Quizplus · Accepted Answer

Priceline.com's business model has eliminated traditional travel agencies as intermediaries, which is known as disintermediation.

PricelineCom Is a Company and a Commercial Website That Helps