Despite rumors earlier this year that the Federal Trade Commission (FTC) was investigating Zillow and Redfin over their $100 million rental syndication deal, the announcement that the FTC was suing the two companies still carried an element of surprise. “This shows that the Federal government is still looking hard at the realty space,” Chuck Cain, […]
Why the FTC is targeting Zillow and Redfin’s rental deal Read More »
Zillow and Redfin are facing yet another lawsuit related to their multifamily rental syndication deal. On Wednesday, attorneys general in Virginia, Arizona, New York, Connecticut and Washington filed a lawsuit in U.S. District Court in Alexandria, Virginia, that makes claims identical to those alleged by the the Federal Trade Commission (FTC) in its lawsuit filed
5 states sue Zillow, Redfin over $100M agreement after FTC suit Read More »
The Federal Trade Commission (FTC) is suing Zillow and Redfin over their rental syndication agreement. In a complaint filed on Tuesday in U.S. District Court in Alexandria, Virginia, the FTC claims that the two firms conspired to eliminate competition in the rental listing space and that their syndication agreement — under which Zillow paid Redfin
FTC lawsuit claims Zillow–Redfin rental tie-up crushes competition Read More »
The Federal Trade Commission (FTC) on Thursday issued a public request for information on noncompete agreements as it seeks to identify practices it considers “unfair” and “anticompetitive,” a topic that has drawn attention across the mortgage and real estate industries. Under the Trump administration, the FTC said it will take a case-by-case approach rather than
FTC revisits noncompete rules after Biden-era ban blocked Read More »