Zillow and Redfin accused of suppressing competition in lawsuit

The GuardianWednesday, October 1, 2025 at 12:14:35 AM
Zillow and Redfin accused of suppressing competition in lawsuit
The Federal Trade Commission (FTC) has filed a lawsuit against Zillow and Redfin, alleging that the two real estate companies engaged in an illegal agreement to stifle competition in online rental advertising. This lawsuit, initiated after Zillow's $100 million payment to Redfin, raises significant concerns about market fairness and consumer choice in the real estate sector. If proven, this could lead to stricter regulations and a reevaluation of business practices in the industry, impacting how companies operate and compete.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Latest from World Affairs
Ed Miliband to announce total ban on fracking – UK politics live
PositiveWorld Affairs
Ed Miliband, the UK's energy secretary, is set to announce a total ban on fracking during the Labour conference, marking a significant shift in energy policy. This move is crucial as it addresses environmental concerns and reflects the party's commitment to sustainable energy practices. The announcement comes amidst ongoing debates about the impact of fracking on local communities and the environment, making it a pivotal moment in UK politics.
Israel to close last remaining route from southern Gaza to the north as it continues offensive on Gaza City – Middle East crisis live
NegativeWorld Affairs
Israel's decision to close the last remaining route from southern Gaza to the north marks a significant escalation in the ongoing conflict, as it continues its offensive on Gaza City. This move has drawn attention from various leaders in the Middle East, with Hamas indicating it will review Trump's Gaza plan amidst rising tensions. Additionally, a mass protest in London against the ban on Palestine Action is expected to lead to a record number of arrests, highlighting the growing unrest and civil disobedience surrounding the issue. This situation is crucial as it reflects the deepening crisis and the international response to the humanitarian implications.
Danish PM warns security situation in Europe will get worse and more serious – Europe live
NegativeWorld Affairs
Danish Prime Minister Mette Frederiksen has raised alarms about the deteriorating security situation in Europe, attributing it to the ongoing war in Ukraine and the emergence of a broader hybrid conflict. Speaking at a summit in Copenhagen, she emphasized the urgent need for leaders to focus on security and defense strategies, including the use of drones and support for Ukraine. This discussion is crucial as it highlights the increasing threats facing Europe and the necessity for collective action to ensure safety and stability in the region.
New Zealand v Australia: men’s first T20 international cricket – live
PositiveWorld Affairs
The highly anticipated T20 international cricket series between New Zealand and Australia has kicked off in Tauranga, bringing excitement to fans on both sides of the Tasman Sea. With Josh Hazlewood taking the new ball and Tim Seifert ready to face it, the match promises thrilling moments. This series not only showcases the talent of both teams but also strengthens the sporting rivalry that captivates cricket enthusiasts, making it a significant event in the cricket calendar.
Women’s Cricket World Cup: Australia v New Zealand – live
NeutralWorld Affairs
Australia kicks off their title defense in the Women's Cricket World Cup against New Zealand in Indore. The match, held at Holkar Stadium, is set to start at 3 PM local time. This game is significant as it marks the beginning of the tournament for Australia, who are looking to maintain their championship status. Fans are encouraged to share their thoughts on the match.
'Denmark is on high alert after reporting several drone incursions'
NegativeWorld Affairs
Denmark is currently on high alert due to multiple drone incursions, prompting Ukrainian President Volodymyr Zelensky to announce the deployment of an anti-drone military team for exercises in the country. This situation is significant as it highlights the growing concerns over security threats, particularly from Russia, which have led to repeated airport closures in Denmark. The presence of drones raises alarms about potential escalations in tensions, making this a critical moment for both Denmark and Ukraine.