Zillow and Redfin settle FTC antitrust case

Zillow and Redfin have settled an FTC antitrust case tied to the rental advertising market. Under the settlement, Redfin must reenter the rental advertising business.

The settlement signals continued regulatory scrutiny of consolidation and competitive behavior in online real estate marketplaces. Requiring Redfin to reenter the market could restore some competition, but the practical impact will depend on how aggressively it rebuilds that business.