Zillow Accused of Squashing Competition in Home Listings (1)

March 9, 2021, 6:06 PM UTC

Zillow Group Inc. stifles competition in home listings online, leading to less choice and higher prices for consumers, a real estate brokerage startup claimed in an antitrust lawsuit.

The startup, Rex - Real Estate Exchange Inc., said in a complaint filed Tuesday that Zillow recently adopted changes to its website that amount to a boycott of independent brokers and prevents home buyers from seeing a full picture of homes available for sale.

The lawsuit marks the latest antitrust accusation against the residential brokerage business and its traditional commission structure. The National Association of Realtors last year settled a Justice ...

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