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Zillow settles FTC claims it paid Redfin to stop competing on apartment listings
Reuters26d agoneutral
Zillow settles FTC claims it paid Redfin to stop competing on apartment listings

The U.S. Federal Trade Commission and a group of states announced a settlement with Zillow, ending claims the online real ‌estate platform illegally paid Rocket Companies' Redfin $100 million to stop competing in apartment ‌rental listings. The settlement ends the agreement for Redfin to stop competing. Redfin agreed to rebuild its rental advertising business within six months, according to the FTC.