FTC Release: FTC Secures Order Resolving Antitrust Concerns with Zillow-Redfin Agreement
Dow Jones
Yesterday
Proposed order ends allegedly unlawful agreement, requires Redfin to reenter market for internet listing services and positions company as a stronger competitor
The Federal Trade Commission, joined by five states, today notified the court that it will file a stipulated order that resolves its litigation against Zillow and Redfin and restores competition in the online platforms that renters use to find apartments and property managers use to list rentals.
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