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CoStar, LoopNet settle lawsuit. (Technology Update).


CoStar Group CoStar Group, Inc. (NASDAQ: CSGP) is a leading provider of information services to commercial real estate professionals in the United States and the United Kingdom. CoStar's suite of services offers customers access via the Internet to the most comprehensive database of , Inc. and LoopNet, Inc. announced they have settled a copyright infringement Noun 1. copyright infringement - a violation of the rights secured by a copyright
infringement of copyright

plagiarisation, plagiarization, piracy, plagiarism - the act of plagiarizing; taking someone's words or ideas as if they were your own
 lawsuit filed by CoStar against LoopNet.

CoStar brought the suit against LoopNet in the fall of 1999, charging LoopNet infringed CoStar's copyrights by allowing the posting of CoStar's photographs on LoopNet's listing service by its users. For the past three years, the Years, The

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See : Time
 companies have worked together to manually identify and remove infringing photographs and to restrict the ability of repeat infringers from posting additional infringing photographs. Under terms of the settlement agreement, CoStar and LoopNet have agreed to jointly implement additional processes and technologies to prevent further abuses.

"We're glad to bring this lawsuit to conclusion," stated CoStar Group president & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Andrew C. Florance. "CoStar and LoopNet worked hard to achieve a resolution that would provide the necessary protection of our copyrighted digital images without inconveniencing our respective customers."

Richard Boyle Richard Boyle may be:
  • Richard Boyle, 1st Earl of Cork
  • Richard Boyle, 4th Earl of Cork
  • Richard Boyle, 5th Earl of Cork
  • Richard Boyle, footballer who scored for Everton F.C. in the 1897 FA Cup final.
, LoopNet's chief executive officer, also viewed the settlement as a step forward for all parties. "We applaud the steps being taken by both firms to prevent future abuses from occurring, and we believe the users of both LoopNet and CoStar will benefit from these efforts," he said.
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Article Details
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Title Annotation:copyright infringement lawsuit
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Jul 2, 2003
Words:191
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