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Per Se Antitrust Price-Fixing and Market Division Claims Against Bankrate Allowed to Proceed by the Court

The United States District Court of New Jersey ruled that BanxCorp adequately pled per se antitrust claims against Bankrate Inc., consisting of horizontal price fixing agreements between Bankrate and approximately 90 competitors, and a market division agreement between Bankrate and LendingTree.

The Court also ruled that BanxQuote has adequately pled Bankrate's monopoly power, exclusive dealing and predatory pricing.

  • Case # 2:07-cv-03398-SDW-MCA BANXCORP v. BANKRATE, INC.
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  • Third Amended Complaint (PDF)
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  • Opposition to Bankrate's motion (PDF)
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  • BanxCorp's December 18, 2009 Counsel Letter to the Court (PDF)
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  • Court's Opinion, September 14, 2009 (PDF)
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  • Court's Opinion, July 7, 2008 (PDF)
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