FTC sues Dun & Bradstreet over QED acquisition

Share this article:

The Federal Trade Commission filed a lawsuit May 7 against Dun & Bradstreet, claiming the database company's February 2009 acquisition of competitor Quality Education Data (QED) gave it a monopoly on K-12 education data. The company uses the information to market books and other materials to education professionals.

“Despite its relatively low dollar value, this transaction dramatically decreased competition in the marketplace,” said Richard Feinstein, director of the FTC's Bureau of Competition, in a statement. “When Dun & Bradstreet acquired QED, it bought its closest competitor and created a monopoly. That's going to get the FTC's attention every time.”

D&B paid $29 million to acquire QED from Scholastic Inc.

The FTC alleges that QED was Dun & Bradstreet's largest competitor, and that the acquisition gave the company a 90% stake in the education data market. The deal prevented remaining competitors from having sufficient market share to keep prices competitive, the FTC claims.

The FTC declined to comment, citing the fact that proceedings are in litigation.

“D&B believes we have not violated any antitrust laws as a result of our acquisition of QED,” D&B said in a statement. “We are in the process of trying to resolve this issue with the Federal Trade Commission.”

Share this article:
You must be a registered member of Direct Marketing News to post a comment.

Next Article in Data/Analytics

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

Featured Listings

More in Data/Analytics

Analytics vs. Instincts

Analytics vs. Instincts

Even for the savviest marketers, finding the right balance of analytics and gut instincts can prove to be difficult.

MeritDirect Opens San Jose Office

MeritDirect Opens San Jose Office

A force in direct mail, the company looks to expand its digital data services with a footprint in Silicon Valley.

Neustar Decides to Hand Data Over to its Clients

Neustar Decides to Hand Data Over to its ...

AK Media Insights Pro turns data over to marketers to create business-specific aggregations, integrate offline efforts, and probe deeper into their sales funnels.