FTC Halts Redfin-Zillow Rental Deal | Atlanta News

The FTC just nixed a big real estate deal between Redfin and Zillow, calling it anti-competitive and bad for renters. After Zillow paid Redfin $100 million to stop listing certain rentals and hand over ad clients, the FTC stepped in—demanding Redfin re-enter the rental market to boost competition. The settlement, reached before trial, lets both companies keep working together while forcing more choice for renters and property owners. It’s all about keeping the housing market fair and dynamic. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/78cecc1f77d02c72