New York —
Home-search website Zillow allegedly paid its rival Redfin $100 million dollars to stamp out competition in the online listing business, the Federal Trade Commission said in a lawsuit on Tuesday.
As part of their February 2025 deal, Redfin allegedly agreed that its website would be “an exclusive syndicator of Zillow listings,” meaning Redfin would essentially just copy over the listings from Zillow, the FTC said in a statement.
The FTC also
Continue Reading on CNN
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.