Housing Monopoly? Feds Sue Zillow & Redfin, Claiming $100 Million Deal Illegally Eliminated Rental Listings Rivalry—What This Means for Renters.
the staff of the Ridgewood blog
WASHINGTON D.C. – In a bombshell move challenging the power of digital real estate giants, the Federal Trade Commission (FTC) has filed a major antitrust lawsuit against Zillow and Redfin, alleging an illegal conspiracy to suppress competition in the lucrative online rental listings market.
