FTC Secures Order Resolving Antitrust Concerns with Zillow-Redfin Agreement

The Federal Trade Commission (FTC), joined by five states, announced a stipulated order resolving its litigation against Zillow and Redfin. The order unwinds a 2025 agreement, requiring Redfin to reenter the internet listing services (ILS) market and commit to investing tens of millions of dollars to enhance competition.