Watchdog Cracks Down on Companies Paying Rivals to Stay Away

Watchdog Cracks Down on Companies Paying Rivals to Stay Away

On August 24, the FTC settled with Zillow and Redfin over Zillow's $100 million payment for Redfin to stop advertising rentals. Redfin must return to the market and share no inside information. The message is clear: paying a rival to stay out of your business will draw scrutiny from regulators.

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