By WYATTE GRANTHAM-PHILIPS
NEW YORK (AP) — The U.S. Federal Trade Commission is suing Zillow and Redfin, accusing the real estate companies of entering what the regulator says is an illegal deal to suppress competition in online rental advertising.
Related Articles
French-Asian bakery chain to open in Hunt Valley Town Centre
Profit margin on flipping a home is at a 17-year low due to high prices
Average rate on a 30-year mortgage edges higher after declining four weeks in a row
US home sales remained sluggish in August despite late-summer mortgage rate slide
Baltimore home listing reportedly has jail used for Civil War spies | PHOTOS
In a lawsuit filed on Tuesday, the FTC alleges that this agreement started in February — when Zillow paid Redfin $100 million. In exchange for that an