Xceligent Files Antitrust Suit Against CoStar, Alleges Years Of Anticompetitive Behavior
June 29, 2017

Xceligent Files Antitrust Suit Against CoStar, Alleges Years Of Anticompetitive Behavior

Commercial property data firm Xceligent filed an antitrust countersuit against The CoStar Group Wednesday, alleging the $9B, Washington, D.C.-based data giant has created a monopoly and engaged in years of anticompetitive behavior.

Xceligent filed the 139-page counterclaim in U.S. District Court for the Western District of Missouri after months of silence following an intellectual property theft lawsuit from CoStar. Xceligent accuses CoStar of employing internet blocks and data alteration practices to prevent its users from sharing their property information with its competitors.

Xceligent also accuses CoStar of violating restrictions the Federal Trade Commission placed on the company in 2012 to keep it from becoming a monopoly.

Read full story here.

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