When the Compass-Anywhere deal closed in early January with little fanfare—only three months after it was announced—there were at least some raised eyebrows. A deal of that magnitude often elicits significant regulatory scrutiny, with multiple federal agencies given a chance over the course of months to examine how a merger will affect markets or whether…
The proposed deal for Compass to acquire Anywhere was almost certain to draw regulatory scrutiny from the beginning, due to the size and nature of the deal—nearly doubling the size of the company and consolidating somewhere around 500,000 annual transactions and 100,000 agents under one roof. What that scrutiny might look like became more clear…
The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Lawsuits against Zillow and Redfin consolidated A partnership between Zillow and Redfin has come under litigation, with both the Federal Trade Commission (FTC) and subsequently five state attorneys general filing to block the partnership on…