Proposed Consent Agreement In the Matter of CoStar Group, Inc., Lonestar Acquisition Sub, Inc., and LoopNet, Inc., FTC File No. 1110172 #00009 

Submission Number:
00009 
Commenter:
David Hall
Organization:
Imperial Properties, Inc.
State:
Oklahoma
Initiative Name:
Proposed Consent Agreement In the Matter of CoStar Group, Inc., Lonestar Acquisition Sub, Inc., and LoopNet, Inc., FTC File No. 1110172

Congratulations to Mr. Feinstein and the FTC staff for getting right to the heart of the problem. As a small business and one man commercial real estate office, I'm keenly interested in keeping the pricing of services at a level where all brokers, large and small, can compete in the market with the latest tools and best information available. I would like to express my appreciation for what the FTC is requiring in the CoStar/LoopNet transaction, specifically, the sale of LoopNet's interest in Xceligent. The commercial real estate industry appreciates all the safeguards in place to maintain and encourage competition.