Zillow and Redfin Reach Settlement With FTC in Antitrust Case

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Real estate platforms Zillow and Redfin have settled an antitrust case brought against them by the Federal Trade Commission. As part of the agreement, Redfin is required to reenter the rental advertising market. The settlement resolves the FTC's competition concerns regarding the two major property listing companies. No further financial or operational terms of the deal were disclosed in the announcement.

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