FTC Release: FTC Sues Zillow and Redfin Over Illegal Agreement to Suppress Rental Advertising Competition
Dow Jones11-26
Illegal deal stunts multifamily rental advertising competition, harming American renters and property managers, the FTC alleges
Today, the Federal Trade Commission sued Zillow and Redfin over an unlawful agreement that eliminates Redfin as a competitor in the market for placing advertising of rental housing on internet listing services (ILSs)--the websites that millions of Americans use to find their next rental home.
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