Zillow Settles Antitrust Lawsuit With The FTC


Competitor Redfin will re-enter the real estate listing market.

After accusations of Zillow buying off its rival Redfin for $100 million, the online real estate platform has settled an antitrust lawsuit brought on by the Federal Trade Commission. According to a press release from the FTC, the two sides resolved the lawsuit and reversed an agreement from Zillow that shut down Redfin’s internet listing service (ILS) for apartment rentals.

As part of the settlement, Redfin has to reenter the ILS market and make commitments that would ensure its competitiveness, including a relaunch with “significantly more listings,” according to the FTC. The FTC said that “restoring competition in the ILS market is expected to drive down costs and spur innovation that benefits renters and property management companies.”

The lawsuit was first filed in September 2025 when the FTC accused Zillow of buying out a rival company by offering $100 million to Redfin to halt its ILS advertising for up to nine years. Arizona, Connecticut, New York, Virginia and Washington also jointly filed a similar lawsuit against Zillow, which was eventually merged with the FTC’s suit in November of that year.

Beyond Redfin restarting its efforts to market apartment listings, the settlement requires Zillow to provide Redfin with employee information to allow for employee recruitment. On the consumer side, Zillow has to offer its customers the ability to renegotiate their contracts without any extra cost or penalty as part of the settlement. 



Source link

  • Related Posts

    Instinct’s powerful AI assistant is raising privacy and security concerns

    Everyone is buzzing about Instinct, an AI personal assistant still in private access, not only for its incredible capabilities, but also for its potential privacy concerns. The agent, a veritable…

    The Only GameCube That Could Play CDs And DVDs Is Rarely Found Below $1,000 Today

    The Panasonic Q was a bizarre mashup. Its motorized disc tray accepted GameCube discs, DVDs and audio CDs. The company took the home theater part seriously. The Q had a…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Minnesota man charged in death of co-worker crushed by hydraulic grapple in prank gone wrong

    Minnesota man charged in death of co-worker crushed by hydraulic grapple in prank gone wrong

    ‘Counterproductively devastating’: Auto industry reacts to Trump’s new tariff threats

    ‘Counterproductively devastating’: Auto industry reacts to Trump’s new tariff threats

    Your WordPress.com Site Now Works from Inside ChatGPT

    Instinct’s powerful AI assistant is raising privacy and security concerns

    Instinct’s powerful AI assistant is raising privacy and security concerns

    7 N7 Predictions: United Teases New International A321XLR & Boeing 787 Routesew Routes? Predicting United’s New Destinations From Its Teaser Video

    7 N7 Predictions: United Teases New International A321XLR & Boeing 787 Routesew Routes? Predicting United’s New Destinations From Its Teaser Video

    Keely Hodgkinson withdraws from Zurich Diamond League as body “not quite ready”

    Keely Hodgkinson withdraws from Zurich Diamond League as body “not quite ready”