The owners of 120 auto dealerships have filed a federal lawsuit against Carfax Inc.

, alleging that the vehicle history reporting company engages in anti-competitive practices and violates antitrust laws.

The suit, filed Tuesday in U.S. District Court for the Southern District of New York, seeks damages of more than $50 million. It also alleges that Carfax, through exclusive agreements with auto companies and popular classified auto Web sites, is "monopolist in the sale of vehicle history reports."

Larry Gamache, a Carfax spokesman, said the company is "not able to comment" on the suit. Carfax is a unit of R. L. Polk & Co.


Read Article

CarFax Hit With $50 Million Lawsuit, Because It Controls The Used Car Market

About the Author


User Comments


Add your Comments

Images hosted in your AgentSpace can now be posted in the comments section using the following syntax (case matters): [img]IMAGE URL[/img]
Example: [img][/img]