The world of travel just got a wee bit smaller with the announcement of Expedia buying out some of its competition.

Expedia Inc. agreed to buy Orbitz Worldwide Inc. for about $1.34 billion, according to the Wall Street Journal.

Expedia bought Travelocity earlier this month for $280 million.

Now Expedia's only main competitor is Priceline. We'll see how that works out for pricing.