CoStar asks US Supreme Court to hear real estate antitrust case

WASHINGTON, Dec 10 (Reuters) - CoStar Group (CSGP.O), opens new tab has asked the U.S. Supreme Court to take up its dispute with a rival real estate data provider, warning that a recent federal appeals court ruling could chill innovation and spur costly litigation.
CoStar told the justices, opens new tab on Monday that the San Francisco-based 9th U.S. Circuit Court of Appeals improperly ruled in June to reinstate antitrust allegations by rival Commercial Real Estate Exchange Inc (CREXi). The appeals court reversed a lower court`s order that had dismissed CREXi’s claims...   ...more

RSK: I don`t think most of you really care who wins what in this situation. Each has its pluses and minuses.