How the FTC’s last-minute settlement with Zillow and Redfin reshapes their $100M rentals deal

Zillow and Redfin settled an antitrust case with the FTC and five states on the day their trial was set to begin, agreeing to undo part of the $100 million deal that took Redfin out of the apartment rental advertising business. The proposed settlement requires Redfin to relaunch that business within six months, while the listings partnership between the two Seattle companies continues. Read More