Antitrust lawsuit filed against CDK Global leads to $100 million payout for car dealers!

CDK Global settled a lawsuit and agreed to pay dealerships more than $100 million

By Owen Bellwood / Jalopnik

Dealers across the U.S. were crippled by a computer outage earlier this year at services provider CDK Global. The outage was caused by a ransomware attack that bricked computers and left dealerships unable to sell cars or offer certain services. The aftermath of the outage is now the least of CDK Global’s worries, as it’s now facing a multi-million-dollar bill following an antitrust lawsuit that was filed against the company.

Way back in 2017, CDK Global was accused of inflating dealership management system prices in order to “stifle competition,” reports Automotive News. Now, the company has settled the lawsuit out of court and agreed to pay the dealerships that filed the case more than $100 million. As Automotive News explains:

“It’s a good day for dealers,” said Leonard Bellavia of Bellavia Blatt in Mineola, N.Y., one of the attorneys representing the dealership plaintiffs in the lawsuit. “It shows how dealers can collaborate and collectively seek redress on a nationwide scale by joining forces and working together.”

#CDK #dealership #DMS