Jan 28 (Reuters) - Automotive technology giant CDK

Global has agreed to pay $630 million to settle antitrust claims

that it caused hundreds of software vendors to overpay for

vehicle dealership data by restricting access.

The proposed settlement, filed on Monday night in a federal

court in Madison, Wisconsin, requires a judge's approval.

The company denied any wrongdoing in agreeing to settle.

Austin, Texas-based CDK, owned by Brookfield Business

Partners ( BBU ), sells software platforms auto dealers use to

run their daily sales, financing and service operations.

Tech vendor AutoLoop and other companies included in the

settlement create apps for the dealers' management systems for

inventory management, repair orders, warranty services and other

functions.

AutoLoop sued CDK in 2018, accusing it of cutting off access

to auto dealer systems and driving up prices vendors pay to

access data for their apps. A judge certified the case as a

class action in July.

CDK and lawyers for the company did not immediately respond

to requests for comment.

The vendors had indicated they would seek damages of $490

million at a trial previously scheduled for this week. A jury

award could have been tripled under antitrust law.

The vendors who brought the class action include 243

companies that purchased data integration services since October

2013 from CDK or one of its rivals, Reynolds & Reynolds, which

is not a defendant.

Lawyers for AutoLoop and other members of the class action

at Kellogg, Hansen, Todd, Figel & Frederick called the

settlement "extraordinary" in a statement and said it stemmed

from "years of hard-fought litigation." They said they would ask

the court for about $200 million in legal fees.

CDK agreed to pay $100 million in August to settle a class

action by U.S. auto dealerships claiming they overpaid for the

company's dealer management systems.