The lawsuit, filed alongside attorneys general in states including North Carolina and California, alleges the company is violating antitrust laws through its algorithm that landlords use to get recommended rental prices for apartments.
A Missouri jury handed down a verdict Tuesday afternoon that could upend the residential real estate industry and slap its biggest trade group and several major brokerages with at least $1.8 billion in fines.
Two of the biggest brokerages in the country will no longer require their agents to be members of the National Association of Realtors following settlements they signed in a pair of lawsuits challenging broker commission and MLS access rules.
The National Association of Realtors is asking a federal judge to not let the Department of Justice walk away from a settlement that ended federal investigations into rules banning pocket listings.
Federal antitrust investigators say they’re abandoning a proposed settlement and the associated civil complaint against the National Association of Realtors. But it’s not letting the group off the hook.
