A real estate listings service abandoned its antitrust case against the National Association of Realtors, ending a yearslong suit accusing the trade group of thwarting competition in the real estate brokerage industry.
The PLS.com LLC said it dropped the case without prejudice, according to a Jan. 26 filing in the US District Court for the Central District of California. NAR is still battling a barrage of lawsuits over allegations it colluded to inflate brokerage fees, following a $1.8 billion verdict in October against the powerful trade group.
Attorneys for PLS declined to comment about what led the listings service to ...
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