Experian Seeks To Kill Credit Report Monopoly Suit

Law360, New York (September 25, 2012, 4:13 PM EDT) -- Credit bureau Experian Information Solutions Inc. on Monday asked a Florida federal judge to toss a proposed class action claiming the reporting agency conspired with credit report reseller CoreLogic Inc., characterizing the suit as a new approach to old, discredited arguments.

Experian said the lawsuit from reseller Credit Bureau Services Inc. was the latest in a long line of unsuccessful claims that the credit agency, one of the Big Three, exploits a monopoly position to charge excessive prices for access to its trove of consumer data....
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.