The FTC sued Zillow and Redfin last year over claims their $100 million agreement violated the Sherman and Clayton Acts by eliminating Redfin as a competitor in the ILS market. The commission alleged the agreement increased costs for property managers and reduced the quality of tools used by renters to locate properties.
The FTC sued Zillow and Redfin last year over claims their $100 million agreement violated the Sherman and Clayton Acts by eliminating Redfin as a competitor in the ILS market. The commission alleged the agreement increased costs for property managers and reduced the quality of tools used by renters to locate properties.
