FTC Reaches Settlement With Zillow, Redfin Over Antitrust Concerns

By Connor Hart

The Federal Trade Commission reached a settlement with Zillow and Redfin, resolving an earlier claim that the companies had worked together to reduce competition in the marketplace.

The FTC on Monday said its settlement unwinds an agreement from last year, in which Zillow paid Redfin $100 million to shut down its internet-listing services business and stay out of the market for up to nine years.

The agreement also called for Redfin to exclusively repost apartment listings provided by Zillow, according to the FTC.

Under the settlement, Redfin will reenter the internet-listing services market and invest tens of millions of dollars into the business--moves the FTC said will restore competition, drive down costs and spur innovation that benefits both renters and property-management companies.

The order, which contains no admission of liability or wrongdoing by Zillow, comes after the FTC filed a complaint in September, alleging that the agreement between Zillow and Redfin violated antitrust laws. Five states--Arizona, Connecticut, New York, Virginia and Washington--filed similar complaints, and the cases were consolidated late last year.

"Today's settlement unwinds an agreement under which Zillow paid Redfin $100 million to stop competing and hand off all its customers to Zillow," said Daniel Guarnera, who helms the FTC's Bureau of Competition.

Zillow, an online home-buying and rental platform, maintained that its partnership with Redfin is pro-consumer and pro-competitive. The company said it is pleased to have found a resolution that enables the partnership's continuation.

Redfin, a subsidiary of Rocket Cos., didn't immediately respond to a request for comment.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

August 24, 2026 10:08 ET (14:08 GMT)