Tag Archives: Antitrust

Antitrust regulators move to block ICE’s $11.7B Black Knight acquisition

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The Federal Trade Commission alleges the deal would put an end to intense competition between the companies and drive up costs for lenders and homebuyers. Continue reading →

Black Knight ready to sell Empower to address antitrust concerns

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A Deal with Constellation Software Inc. hinges on ICE closing the deal to acquire Black Knight, now valued at $11.7 billion. ICE says it’s prepared to fight FTC in court. Continue reading →

FTC prepares to challenge ICE’s $13B Black Knight deal: Report

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The Federal Trade Commission is not convinced that Black Knight’s plans to spin off its Empower loan origination system allays antitrust concerns, “Politico” reports. Continue reading →

Nearly two-thirds of brokerage sites aren’t displaying commissions

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Consumer Federation of America: Despite an NAR rule change, only Redfin displays buyer-agent compensation in virtually all of the major cities examined. Continue reading →

ICE sees $13B Black Knight merger surviving antitrust concerns

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Black Knight is reportedly looking to spin off its Empower loan origination system to placate regulators’ antitrust concerns as critics raise market power, data privacy issues. Continue reading →

NAR-DOJ ruling divides agents over commission, pocket listing rules

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Agents and brokers who spoke to Inman following the ruling in favor of NAR disagreed on who is “overreaching” in the case and on whether changes to the controversial rules are necessary. Continue reading →

Federal court rules in favor of NAR in longtime DOJ probe

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District court judge sets aside DOJ demand for information from the NAR on buyer broker commission and pocket listing rules. Continue reading →

DOJ asks to interfere in TAN pocket listing case against NAR

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Top Agent Network’s appeal alleges the Clear Cooperation Policy’s goal is to safeguard NAR’s business model, which relies on dues revenue from nearly 1.6 million agents and brokers. Continue reading →

US Supreme Court denies NAR petition in pocket listing case

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The nation’s highest court will not be weighing in on whether the real estate trade group’s Clear Cooperation Policy violates antitrust laws. The case proceeds in a lower court. Continue reading →

Court deals blow to NAR, KW, Anywhere in commission suit

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The judge denied requests filed by NAR, Anywhere, Keller Williams, RE/MAX and HomeServices of America, allowing the Sitzer/Burnett case to continue toward a new October trial date. Continue reading →