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Two discount travel agencies that have competed for more than a decade announced July 28 that they will begin cooperating through business and capital tieups.

H.I.S. Co. and Map International Co. also said they are leaving the door open to a possible merger. “We have been rivals for the past 15 to 16 years,” said Tsuyoshi Mori, president of Map International. “But we share a sense of crisis in that the tourism industry will not have a bright future if the current trend of excessive competition continues. “We hope to change the landscape of the industry.”

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