FTC sues Zillow and accuses it of buying off rival Redfin
NegativeTechnology

The Federal Trade Commission (FTC) has filed a lawsuit against Zillow, alleging that the company engaged in anti-competitive practices by attempting to buy off its rival, Redfin. This legal action highlights concerns about market fairness and competition in the real estate industry, which could have significant implications for consumers and other businesses. If the FTC's claims are proven, it could lead to stricter regulations and a more level playing field in the housing market.
— Curated by the World Pulse Now AI Editorial System