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:

Next Article in Database Marketing

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

Featured Listings

More in Database Marketing

What's H-appending? DiscoverOrg Taps Marketo's Webhooks

What's H-appending? DiscoverOrg Taps Marketo's Webhooks

Cloud-based marketing automation behemoth Marketo joins forces with marketing intelligence company DiscoverOrg to improve its data collection capabilities.

A Toast to Marketing Attribution

A Toast to Marketing Attribution

Vino accessories and storage company Wine Enthusiast indentifies top and underperforming affiliates using algorithmic marketing attribution.

Q&A: When (and How) to Bust Down the Data Door

Q&A: When (and How) to Bust Down the ...

Some people run into issues with trying to build the perfect solution when often an 80% solution will do, says MailChimp's chief data scientist.