Clarivate and OCLC Settle Lawsuit

"Clarivate Plc...today announced that it has signed a settlement agreement and release with OCLC. Clarivate continues to deny OCLCs allegations of wrong-doing and maintains that the issue lay between OCLC and its customers, who sought to co-create an efficient community platform for sharing of bibliographic records. Clarivate will not develop a record exchange system of MARC records that include records which OCLC has claimed are subject to its policy and contractual limitations. Clarivate will bear its own fees and costs...."