Zillow and Redfin resolve litigation over deal FTC claims suppresses rental listings competition

The U.S. Federal Trade Commission has reached a settlement with Zillow and Redfin to resolve the regulator's claim that the companies made an illegal deal to suppress competition in online rental advertising.

Zillow and Redfin resolve litigation over deal FTC claims suppresses rental listings competition

TL;DR

  • The U.S. Federal Trade Commission (FTC) has settled with Zillow and Redfin.
  • The settlement resolves the FTC's claim of an illegal deal between the companies.
  • The alleged illegal deal aimed to suppress competition in online rental advertising.