States, FTC Sue Zillow & Redfin For Alleged Collusion On Rental Ads




#Zillow #Redfin #FTC #Antitrust #Housing

Breaking: FTC & 5 states sue Zillow and Redfin for alleged collusion—Zillow paid $100M to kill Redfin’s rental ad biz, boosting monopoly in online listings. Critics say it hikes costs & hurts renters. Companies deny, call it pro-consumer. More competition needed in housing!