An analyst who has been neutral on Zillow's stock for years just turned bullish after the recent selloff, saying it now offers potential 20% upside. ...

Zillow (Nasdaq: ZG) shares fell 4.3% on Wednesday after the Federal Trade Commission (FTC) filed an antitrust lawsuit against the company and Rocket Companies' (NYSE: RKT) subsidiary Redfin, alleging that the real estate platforms entered into an unlawful agreement to suppress competition in the online rental housing advertising market. Rocket shares fell 3% during after-hours trading.The FTC complaint highlighted a $100 million (£74 million) agreement between the companies, executed in February, under whic ...

Real estate listings platforms Redfin and Zillow said Wednesday (Oct. 1) that they disagree with allegations that their partnership violated antitrust laws.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The compan ...

诉讼事件概述 - 五州联合对Zillow Group和Redfin提起反垄断诉讼 指控其合谋阻碍在线租赁列表市场的竞争 [1] - 诉讼指控Zillow向Redfin支付1亿美元以使其停止运营公寓广告业务 [1] - 美国联邦贸易委员会也在同一法院提起了类似诉讼 [1] 涉事协议具体内容 - 协议于2024年2月达成 Zillow和Redfin以及Apartmentscom所有者CoStar共同占据了美国在线租赁广告的大部分收入 [2][6] - 作为1亿美元交换 Redfin同意终止与大型公寓楼管理方的广告合同 退出该市场九年 并仅展示Zillow平台上也显示的租赁信息 [3][8] - Redfin表示对在法庭上胜诉充满信心 [7] 市场影响与监管关切 - 监管机构认为该协议将导致广告商面临更高价格和更差条款 并通过减少竞争动力损害租户利益 [3] - 租户可能面临更高价格 全美近4900万套住房单元（超过全国住房总量的30%）由租户占用 [4] - 监管机构指出Zillow付费让Redfin退出市场 剥夺了为企业和消费者提供高质量服务的自由市场激励 [4] 公司立场与相关背景 - Zillow和Redfin重申其协议为物业经理和广告商提供了接触更多租户的渠道 并通过提供更多列表信息使租户受益 [5] - Zillow还面临美国最大住宅房地产经纪公司Compass的诉讼 指控其试图垄断私人住宅列表市场 [7] - Rocket Cos于7月1日收购了Redfin [7]

Attorneys general from five states sued Zillow and Redfin on Wednesday, alleging the companies schemed to stop competition in the online housing rental market.The lawsuit follows a similar one filed by the Federal Trade Commission on Tuesday.Officials from New York, Arizona, Connecticut, Washington and Virginia jointly filed the lawsuit Wednesday, citing a February deal between the two companies in which Zillow "paid Redfin $100 million to shut down its apartment rental advertising business and transfer its ...

Five U.S. states have filed an antitrust lawsuit accusing Zillow Group and Redfin Corp of running an illegal scheme to stop competing for apartment advertisements. ...

NEW YORK (AP) — The U.S. Federal Trade Commission is suing Zillow and Redfin, accusing the real estate companies of entering what the regulator says is an illegal deal to suppress competition in online rental advertising. In a lawsuit filed on Tuesday, the FTC alleges that this agreement started in February — when Zillow paid Redfin $100 million. In exchange for that and other compensation, the commission said, Redfin agreed to end contracts with advertising partners, stop competing ads for multifamily pr ...

文章核心观点 - 美国联邦贸易委员会对Zillow和Redfin提起反垄断诉讼，指控两家公司非法合谋以减少在线多户住宅租赁列表市场的竞争 [1][5] 诉讼指控内容 - 指控Zillow向Redfin支付1亿美元，以换取Redfin在其网站上重新托管Zillow的多户住宅租赁列表 [2] - 指控Redfin同意终止与现有广告客户的合同，并协助Zillow收购该部分业务 [3] - 指控Redfin承诺退出多户住宅广告市场长达九年，并将其角色削弱为仅分发Zillow的列表，导致其网站与Zillow的网站几乎相同 [3] - 指控Redfin在交易签署后解雇了数百名员工，并随后协助Zillow选择性重新雇佣了其中许多人 [4] - FTC竞争局局长指出，向竞争对手支付费用以使其停止竞争的行为违反了联邦反垄断法，此举在一个本已集中的市场中消除了独立竞争者 [5] 市场影响与公司回应 - 诉讼消息公布后，Zillow及其母公司Rocket Companies的股价在午后交易中大幅下跌 [5] - Zillow发言人辩护称，与Redfin的列表合作对租房者和物业经理均有益，是支持竞争和消费者的行为，能够连接物业经理与更多高意向租客 [6] - Redfin未立即回应置评请求 [6] 诉讼目标 - FTC提起诉讼旨在解除该协议，并可能包括要求资产剥离或重组，以恢复租赁广告市场的竞争 [7]

The FTC alleges that Zillow and Rocket violated antitrust laws. ...

Zillow allegedly paid Redfin $100 million to stop competing against it in online apartment rental listings, the U.S. Federal Trade Commission said in a lawsuit on Tuesday against the online real estat... ...