![]() OpenAI May Have Screwed Up So Badly That Its Entire Future Is Under Threat... ![]() Militarized LA: troops here to stay as Trump doubles down on deployments... ![]() Latest Starship Explosion Drastically Decreases SpaceX's Chances of Reaching Mars Without Having to Wait Years... ![]() Iran threatens retaliation following U.S. strikes. An expert breaks down Tehran's possible targets....
|
Compass sues Zillow over its 'Zillow ban,' alleging antitrust breach![]() Real estate giant Compass is suing Zillow, alleging that the online property website is violating antitrust laws with a new rule that bans home listings from its platform if they appear on any other service for more than 24 hours before being posted on Zillow. Zillow's rule, announced by the company in April, took effect on May 28, with the company saying that the new standard is necessary to ensure that listings are "marketed to every buyer" to give house-hunters "fair access to listings without having to get access behind a velvet rope controlled by any one company." But Compass, which seeks to give some clients a competitive advantage by posting homes before they appear on Zillow and other sites, is alleging that what it calls the "Zillow ban" violates federal antitrust laws. The real estate company claims that ZIllow is leveraging its market dominance to impose the block on listings outside of its website, and that it is aimed at hobbling competition, according to the lawsuit. "This lawsuit is about protecting consumer choice," Compass CEO Robert Reffkin said in a statement. "No one company should have the power to ban agents or listings simply because they don't follow that company's business model." He added, "That's not competition. It's coercion. Imagine if Amazon banned a
Monday, 06/23/2025, Video Clip |
![]() Supreme Court allows Trump's third-country deportations, in major test for president... ![]() Edan Alexander Returns To Hometown Amid Joyous Welcome... ![]() Five key jobs that may save you from being drafted if WW3 breaks out... ![]() New Texas law mandates Ten Commandments in public schools. Next stop, the courts....
|
QUESTIONS, SHOOT US AN EMAIL (ATTN: ASHTON O'BRIEN) at DRUDGEREPORTNEWSARCHIVES@GMAIL.COM