Zillow and Redfin settle FTC case over rental advertising competition

In the U.S., Zillow and Redfin settled with the FTC over a partnership that allegedly harmed rental advertising competition. The settlement requires Redfin to reenter the rental advertising market, which it had previously exited due to a deal with Zillow. The FTC argued that this arrangement could lead to higher prices and fewer choices for consumers. The settlement aims to restore competition in the rental property listings market.