Trial Begins in Zillow and Redfin FTC Lawsuit: Why it Matters
At 10 a.m. Eastern Time on Monday, August 24, portal rivals Zillow and Redfin will face a judge in Virginia federal court, and defend against allegations from the FTC that the two companies essentially agreed to a buy-out where Redfin would stop competing on rental listings in exchange for cash ($100 million to be exact)…
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