FTC Settlement Lets Zillow Keep Redfin Partnership While Restoring Competition
Zillow and Redfin settle FTC lawsuit over $100M deal. Redfin must relaunch ads in 6 months; partnership continues through 2030.
Zillow and Redfin settle FTC lawsuit over $100M deal. Redfin must relaunch ads in 6 months; partnership continues through 2030.
Jefferies says the Taylor v. Zillow dismissal removes a major overhang. Buy rating and $60 target kept; little ops impact expected.
Compass ends antitrust suit against Zillow after policy update allows more pre-marketing options for home sellers, giving homeowners greater choice.
Zillow stock drops 9% as Google tests home sales listings in search results, potentially disrupting the real estate portal market and threatening traditional listing platforms.
The Federal Trade Commission (FTC) is taking action against Zillow and Redfin, claiming they made an illegal agreement to stop competing in the online rental ad market, potentially harming renters and property managers.