New York —
Home-search website Zillow allegedly paid its rival Redfin $100 million dollars to stamp out competition in the online listing business, the Federal Trade Commission said in a lawsuit on Tuesday.
As part of their February 2025 deal, Redfin allegedly agreed that its website would be “an exclusive syndicator of Zillow listings,” meaning Redfin would essentially just copy over the listings from Zillow, the FTC said in a statement.
The FTC also accused Redfin of agreeing to end its contracts with advertising customers and stop competing in the advertising market for multifamily