Federal regulators are cracking down on the real estate industry for alleged anti-competitive practices online that hurt home buyers and sellers. At issue are claims that consumers are being denied access to all the home listings on public Web sites, and that firms offering cheaper services on the Internet are facing restrictions. Most recently, the FTC filed an antitrust complaint against the Austin Board of Realtors in Texas.
July 27, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Federal regulators are cracking down on the real estate industry for alleged anti-competitive practices on the Internet that hurt home buyers and sellers.
At issue are claims that consumers are being denied access to all the homes listed for sale on public Web sites, such as Realtor.com, and that firms trying to offer cheaper services on the Internet are facing restrictions.
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