FTC Sues Zillow and Redfin Over Rental Listing Collusion
Originally Published 3 months ago — by Federal Trade Commission (.gov)
The FTC has sued Zillow and Redfin for an illegal agreement to eliminate Redfin as a competitor in the rental advertising market, involving a $100 million payment from Zillow to Redfin to cease competing and serve as an exclusive listing syndicator, which is alleged to violate antitrust laws and harm competition and consumers.