Submission Number: 00009
Received: 5/3/2012 3:31:58 PM
Commenter: David Hall
Organization: Imperial Properties, Inc.
Agency: Federal Trade Commission
Initiative: Proposed Consent Agreement In the Matter of CoStar Group, Inc., Lonestar Acquisition Sub, Inc., and LoopNet, Inc.; FTC File No. 1110172
Attachments: No Attachments
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.