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Zillow Settles Antitrust Lawsuit With The FTC
Engadget • • business
Key Points:
- Zillow has settled an antitrust lawsuit with the Federal Trade Commission (FTC) related to accusations of buying off rival Redfin for $100 million to shut down its apartment rental listing service (ILS).
- The settlement requires Redfin to reenter the ILS market with a relaunch featuring significantly more listings to ensure competitiveness and restore market competition.
- The FTC stated that increased competition in the ILS market is expected to lower costs and drive innovation benefiting renters and property management companies.
- The lawsuit, initially filed in September 2025, involved multiple states and was merged with the FTC's suit, highlighting concerns over Zillow's alleged nine-year agreement to halt Redfin's ILS advertising.
- As part of the settlement, Zillow must share employee information with Redfin for recruitment purposes and allow its customers to renegotiate contracts without penalties or extra costs.
