National Association of Realtors anti-trust case to be reopened

The National Association of Realtors (NAR) will become the subject of a Justice Department case reopening that focuses on home sale commissions.

The U.S. Court of Appeals for the District of Columbia overturned a lower-court ruling from 2023 from the Justice Department’s request for more information from NAR. This decision gives the Justice Department the all-clear to investigate the matter further.

Justice Department to reopen case

The Justice Department has filed amicus briefs and statements of interest that the “United States enforces the federal antitrust laws and has a significant interest in preventing anticompetitive conduct in the real estate industry. Over the last two decades, the United States has investigated and challenged

→ Continue reading at Entrepreneur

More from author

Related posts

Advertisment

Latest posts

Court finds Terraform Labs guilty of defrauding crypto investors

A United States District Court has found that Terraform Labs and the company co-founder, Do Kwon, defrauded investors in crypto asset securities.In a post...

Elon Musk announces Tesla will unveil a ‘robotaxi’ on August 8 | CNN Business

CNN  —  Elon Musk has long had an affinity for self-driving vehicles, claiming they will be one of...

Walmart shoppers could claim up to $500 as part of a class-action settlement | CNN Business

CNN  —  Walmart shoppers could be entitled to as much as $500 as part of a class-action lawsuit...