FTC Secures Order Resolving Antitrust Concerns with Zillow-Redfin Agreement

The US FTC, supported by five states, is filing a stipulated order to resolve antitrust litigation against Zillow and Redfin. This action ends an allegedly unlawful agreement and restores competition within online platforms used by renters and property managers. Under the proposed order, Redfin must reenter the internet listing services market. This move is designed to position Redfin as a stronger competitor, ensuring a more open environment for those seeking apartments and listing rentals.