Tech$100M to Keep a Rival Out for Nine Years: Zillow Settles With FTC, Redfin Apartment Listings Set to Return
Zillow was accused of offering Redfin $100 million to stay out of the apartment listings market for nine years. Now the company has reached an antitrust settlement with the Federal Trade Commission, requiring Redfin's listings to return and Zillow to let customers renegotiate contracts penalty-free.