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The U.S. Federal Trade Commission says it has settled a claim against Zillow and Redfin accusing the real estate listings companies of striking a deal to suppr…
The FTC and five states were ready to argue at trial scheduled to start Monday that the Zillow-Redfin partnership drove up costs for landlords and decreased li…
Federal regulators alleged that a $100 million deal between Redfin and Zillow stifled competition for apartment listings.
Zillow and Redfin settle FTC antitrust case over their rental listings partnership
In exchange for the $100 million, Redfin allegedly agreed to end advertising contracts with managers of larger apartment buildings, stay out of that market for…
Attorneys general from New York, Virginia, Arizona, Connecticut and Washington filed a lawsuit against Redfin and Zillow on Wednesday.
The FTC alleges the online real estate firms agreed not to compete against each other in the market for placing rental housing ads.
The FTC alleges the companies violated federal antitrust laws when Zillow paid Redfin $100 million to essentially re-host Zillow multifamily rental listings on…
Mortgage lender Rocket Cos
These are the stocks posting the largest moves in premarket trading.
Rocket wants to be a one-stop shop for the entire home-buying process.
Rocket Companies said on Monday it would acquire real estate listing platform Redfin in an all-stock deal valued at $1.75 billion to boost its lending business.
Redfin chief executive Glenn Kelman said California is facing an unprecedented "triple threat" after the LA wildfires.
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