FTC Secures Order Resolving Antitrust Concerns with Zillow-Redfin Agreement

The FTC, joined by five states, announced it will enter a stipulated order that resolves its litigation against Zillow and Redfin by removing a key term of Zillow and Redfin’s 2025 agreement, under which Zillow paid Redfin $100 million for Redfin to shut down its internet listing services (ILS) business, exclusively repost apartment listings provided by Zillow, transition its customers to Zillow, and remain out of the ILS market for up to nine years.... By: Cozen O'Connor