Zillow and Redfin settle FTC antitrust case
Zillow and Redfin have settled an antitrust lawsuit brought by the FTC and several states regarding a 2025 partnership that allegedly stifled competition in the rental-listing market. Under the settlement, Redfin must reenter the rental advertising business and end restrictive information-sharing agreements.
Why it matters
The settlement addresses concerns over market consolidation in the real estate tech sector and reinforces regulatory oversight of anti-competitive partnerships.
Zillow and Redfin have reached a settlement with the Federal Trade Commission (FTC) and five states, ending a legal fight over a 2025 partnership that the FTC claimed hurt competition in the rental-listing market. The settlement was announced on Monday, just as the case was scheduled to head toward trial this morning.
The case stems from a deal announced last year in which Redfin agreed to display Zillow’s rental listings on its websites rather than compete directly with Zillow for rental advertisers. The arrangement could have kept Redfin out of the rental advertising business for as long as nine years. Redfin owns Rent.com and ApartmentGuide.com, two major rental-listing platforms.
According to the FTC and attorneys general from Arizona, Connecticut, New York, Virginia, and Washington, Zillow agreed to pay Redfin $100 million to keep Redfin from competing with Zillow.
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