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FTC Secures Order Resolving Antitrust Concerns with Zillow-Redfin Agreement

What happened

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…

Summary assembled by rule from the sources below

Why it's spreading

Timeline

  1. First appeared on FTC Press ReleasesFTC Press Releases

Sources