FTC sues Zillow and accuses it of buying off rival Redfin
The Federal Trade Commission (FTC) is suing home-search website Zillow, alleging that it paid rival Redfin $100 million to eliminate competition in the online listing business. The suit refers to a deal inked back in February between the two companies in which Redfin allegedly agreed to become “an exclusive syndicator of Zillow listings.” The allegations … Read more