CDK Global to Settle Antitrust Allegations for $100 Million, Totaling $130 Million in Auto Dealer Litigation

In a significant development within the automotive data management sector, car dealerships moved for preliminary approval of a settlement amounting to $100 million. This settlement seeks to resolve allegations that CDK Global, a leader in auto dealer data management software, engaged in anticompetitive practices by excluding rival data companies. Notably, this new agreement adds to a previous $29.5 million settlement with CDK’s competitor, Reynolds and Reynolds, bringing the total settlements in this extensive litigation to $130 million. For further details, click here.