Zillow and Redfin settle FTC antitrust case over their rental listings partnership
AI KEY TAKEAWAYS (TL;DR)
- The FTC and Zillow have announced a settlement that ends the case alleging that a 2025 "partnership" between Zillow and Redfin violated antitrust laws
- The FTC had alleged Zillow agreed to pay Redfin to syndicate its listings, while Redfin would end its own advertising contracts and promise not to compete with Zillow for multifamily listings
- The FTC's settlement proposal allows Redfin to continue syndicating rental listings from Zillow "unencumbered by the anticompetitive restraints" in the original deal, but also requires Redfin to restart its own rental listings advertising business, which it wound down as part of the partnership
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The FTC and Zillow have announced a settlement that ends the case alleging that a 2025 "partnership" between Zillow and Redfin violated antitrust laws. The FTC had alleged Zillow agreed to pay Redfin to syndicate its listings, while Redfin would end its own advertising contracts and promise not to compete with Zillow for multifamily listings. The FTC's settlement proposal allows Redfin to continue syndicating rental listings from Zillow "unencumbered by the anticompetitive restraints" in the original deal, but also requires Redfin to restart its own rental listings advertising business, which it wound down as part of the partnership. Dani … Read the full story at The Verge.
