Zillow Settles Rental Antitrust Lawsuit | New Orleans News

Zillow just settled a major FTC lawsuit after paying Redfin $100 million to exit the apartment rental market — a move accused of crushing competition and driving up prices. The deal, which funneled Redfin’s renters to Zillow, allegedly caused a 14.5% price spike per listing and led some property managers to quit online ads. Now, Redfin must rebuild its rental business within six months while keeping Zillow ads live — a win for regulators aiming to restore competition in housing markets. Zillow says the settlement lets them refocus on helping renters and landlords, marking a pivotal shift in how digital real estate platforms compete. 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/8c707ca1e1d6fb77