Nov 29 (Reuters) - Australia's Domain Holdings
said on Friday it will defend copyright infringement claims made
by its larger rival, Rupert Murdoch's REA Group ( RPGRF ).
The claims of infringement primarily relate to images for
181 property listings, the copyright of which REA only recently
acquired from the relevant photographers, Domain Holdings said
in an email to Reuters, without specifying details about
previous ownership.
REA Group ( RPGRF ) is yet to reply to a Reuters request for comment.
The News Corp ( NWSA ) controlled-REA Group ( RPGRF ), which recently ended its
pursuit of British firm Rightmove ( RTMVF ), has more than doubled
its market capitalisation in the last five years or so while
Domain's market value has dropped around 17% in the same period.
"Of greater concern is REA's efforts to acquire controlling
ownership of valuable data from the agents and vendors who paid
for this photography," Domain said.
"This transfer of ownership should be deeply concerning to
the industry, as yet another example of a dominant market
participant taking actions that reinforce its position."
Nine Entertainment ( NNMTF ), which publishes local
newspapers such as the Australian Financial Review's weekend
version, owns around 60% of Domain Holdings.
($1 = 1.5340 Australian dollars)