FTC settles anti-trust suit against Zillow, Redfin

The FTC has reached a formal settlement with Zillow and Redfin to resolve an anti-trust lawsuit. This legal agreement addresses specific antitrust concerns raised by the federal agency regarding the operations of these real estate platforms. By settling the suit, Zillow and Redfin avoid further litigation while resolving the regulatory disputes brought forward by the FTC. The settlement marks the conclusion of the agency's legal challenge against the two companies concerning their market practices and competitive behavior.