FTC proposes stipulated order resolving antitrust concerns with Zillow-Redfin deal
The FTC, with five states, notified the court it will file a stipulated proposed order to resolve antitrust concerns about a Zillow-Redfin agreement. The order ends the allegedly unlawful agreement and requires Redfin to reenter internet listing services.
The Federal Trade Commission, joined by five states, said today it will file a stipulated order that resolves its litigation and ends an allegedly unlawful agreement involving Zillow and Redfin. The order would require Redfin to reenter the market for internet listing services and would position the company as a stronger competitor.