Auto tech firm CDK reaches $630 million settlement in US dealer …

Jan 28, 2025  · Automotive technology giant CDK Global has agreed to pay $630 million to settle antitrust claims that it caused hundreds of software vendors to overpay for vehicle dealership …


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Auto Tech Firm CDK Reaches $630 Million Settlement In US Dealer …

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Jan 28, 2025  · Automotive technology giant CDK Global has agreed to pay $630 million to settle antitrust claims that it caused hundreds of software vendors to overpay for vehicle dealership …

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CDK Global Inks $630 Million Deal In Auto Vendor Antitrust Suit

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Jan 28, 2025  · CDK Global Inc. reached a $630 million settlement with a certified class of automotive technology vendors who allege the company colluded with Reynolds & Reynolds …

bloomberglaw.com

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CDK Agrees To Pay $630 Million To Settle Vendor Antitrust Suit

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Jan 28, 2025  · CDK Global has agreed to pay $630 million to settle an 8-year-old class-action lawsuit alleging the dealership management system company had conspired with a rival to …

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CDK Global Settles Antitrust Claims For $630 Million Amid Data …

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Jan 28, 2025  · CDK Global has agreed to pay $630 million to settle antitrust claims accusing the company of inflating prices for software vendors accessing dealership data. CEO Brian …

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Auto Tech Firm CDK Reaches $630 Million Settlement In US Dealer …

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Jan 28, 2025  · By Mike Scarcella (Reuters) -Automotive technology giant CDK Global (NASDAQ: CDK) has agreed to pay $630 million to settle antitrust claims that it caused hundreds of …

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CDK Global Reaches $630 Million Settlement In US Dealer Data …

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Jan 30, 2025  · This is not CDK’s first settlement related to its dealer management systems. In August 2023, the company agreed to pay $100 million to U.S. auto dealerships who alleged …

legaltrends.net

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Auto Tech Firm CDK Reaches $630 Million Settlement In US Dealer …

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Jan 28, 2025  · (Reuters) - Automotive technology giant CDK Global has agreed to pay $630 million to settle antitrust claims that it caused hundreds of software vendors to overpay for …

marketscreener.com

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CDK Global Settles Antitrust Claims With $630 Million Agreement

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CDK Global, a leading automotive technology company, has agreed to a $630 million settlement to resolve antitrust claims. The claims arose from allegations that the company overcharged …

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Litigators Of The Week: A $630M Antitrust Settlement For …

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Jan 31, 2025  · This week, on the eve of trial, Nemelka and partners Derek Ho and Dan Dorris helped a class of vendors reach a $630 million settlement with CDK. January 31, 2025 at …

law.com

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Auto Dealer Management Systems Clients Settle For… | Compass …

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Jan 30, 2025  · Auto Dealer Management Systems Clients Settled for $630MM(130% of estimated damages). ... entered into a settlement agreement with Defendant CDK Global LLC (CDK), an …

compasslexecon.com

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CDK Global Resolves Antitrust Case With $600 Million Settlement

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Jan 28, 2025  · The defendants claim that CDK restricted access to data and levied hundreds of millions of dollars in overcharges. In July 2024, a judge ruled that CDK Global must face the …

dealershipguy.com

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LA Post: Auto Tech Firm CDK Reaches $630 Million Settlement In US ...

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Jan 28, 2025  · By Mike Scarcella (Reuters) - Automotive technology giant CDK Global has agreed to pay $630 million to settle antitrust claims that it caused hundreds of software vendors to …

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Auto Tech Firm CDK Reaches $630 Million Settlement In US Dealer …

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(Reuters) -Automotive technology giant CDK Global has agreed to pay $630 million to settle antitrust claims that it caused hundreds of software vendors to overpay for vehicle dealership …

financialnewsletter.com

FAQs about Auto tech firm CDK reaches $630 million settlement in US dealer … Coupon?

Why did CDK Global pay $630 million to settle antitrust claims?

Automotive technology giant CDK Global has agreed to pay $630 million to settle antitrust claims that it caused hundreds of software vendors to overpay for vehicle dealership data by restricting access. ...

Who brought a class action against CDK Global?

CDK Global: The vendors who brought the class action include 243 companies that purchased data integration services since October 2013 from CDK or one of its rivals, Reynolds & Reynolds, which is not a defendant. ...

Is Cdk a class action?

A judge certified the case as a class action in July. CDK chief executive Brian MacDonald said in a statement the company "felt it was time to bring this long-standing litigation to a conclusion" and that the settlement would have no impact on its business. ...

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