FTC Rules Michigan Realtors’ Group Reduced Competition, Harmed Consumers by Restricting Access to Discount Realtors’ Listings on its Multiple Listing Service and Public Web Sites

The Federal Trade Commission today issued an Opinion finding that Realcomp II – a Michigan-based realtors’ group – violated federal law by restricting the ability of member real estate agents to offer consumers lower-priced alternatives to traditional real estate services. Realcomp refused to transmit discount real estate listings to its own and other publicly available […]