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US: CollegeNET and The Common Application settle antitrust case

By  |  March 3, 2019

CollegeNET and The Common Application released the following joint statement today:

“The Common Application and CollegeNET have agreed to resolve and dismiss the lawsuit brought by CollegeNET in May 2014. The matter has been resolved in a way satisfactory to the Parties pursuant to a confidential settlement agreement whereby, without admitting liability, Common Application has agreed commencing with the 2019-2020 application season to modify certain of its challenged practices.”

This antitrust litigation was filed by CollegeNET in federal court almost five years ago. The lawsuit alleged that Common Application had violated federal antitrust law by maintaining its monopoly through anticompetitive business practices in the market to process online undergraduate applications.

Full Content: AP News

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