Zillow's $100M Redfin Deal Ends in FTC Settlement

Zillow and Redfin have reached a settlement with the Federal Trade Commission over a $100 million rental listings agreement that regulators said reduced competition. Redfin will now restart its rental advertising business, while its partnership with Zillow can continue. Kathy Fettke breaks down what happened, why regulators stepped in, and what the settlement could mean for landlords, property managers, renters, and real estate investors.

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Source: https://www.cbsnews.com/news/ftc-settles-zillow-antitrust-case-redfin/