FTC SETTLES ZILLOW ANTITRUST LAWSUIT

The settlement resolves claims that Zillow violated antitrust law by making a payment to eliminate a competitor. According to the FTC's allegations, Zillow sought to reduce competition in the rental listings space by compensating Redfin to withdraw from the sector. The deal marks the conclusion of the agency's enforcement action against the real estate platform. Terms of the settlement were not immediately disclosed. This case reflects the FTC's heightened scrutiny of tech and platform companies over competitive practices. The agency has pursued multiple investigations into major digital platforms in recent years, focusing on whether dominant firms use their market position to unfairly suppress rivals. Zillow, one of the largest real estate marketplaces in the U.S., operates listings for homes for sale and rent. The company had expanded into rental listings, prompting the competitive concerns that triggered the FTC probe.