States, FTC Sue Zillow & Redfin For Alleged Collusion On Rental Ads The Federal Trade Commission (FTC) and five states sued Zillow and Redfin on Wednesday in two separate lawsuits, which argue that the companies schemed to stop competition in the online housing rental market. Officials from New York, Arizona, Connecticut, Washington and Virginia jointly filed the lawsuit Wednesday over a February deal in which Zillow “paid Redfin $100 million to shut down its apartment rental advertising business and transfer its clients to Zillow,” New York Attorney General Letitia James’ office announced in a press release. “This agreement is nothing more than an end run… — Continue at ZeroHedge News : Read More
