CDK Cuts Deal With Cox In Auto Data Antitrust Case
Law360 (July 12, 2019, 5:24 PM EDT) -- Software company CDK Global and Cox Automotive have settled their beef amid the sprawling antitrust litigation lodged by car dealers, software vendors and others alleging that CDK and a rival monopolized the market for crucial auto dealer data.
Cox and CDK told an Illinois federal court Thursday they've struck a deal resolving both the antitrust claims leveled by Cox Enterprises' auto arm and other subsidiaries — including Autotrader.com and Kelley Bluebook — and CDK's counterclaims that Cox misused its data.
The companies offered no details on the terms, though they noted that they've agreed to drop their allegations permanently.
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