Compass has filed a lawsuit against Zillow in the Southern District of New York, alleging that Zillow's policy banning private home listings constitutes anticompetitive behavior that violates antitrust laws. The lawsuit claims that this 'Zillow Ban' restricts homeowner choices while reinforcing Zillow's market monopoly. Compass seeks an injunction against Zillow's policies, and it insists that in a truly competitive market, businesses should thrive based on merit, not monopolistic practices. Zillow maintains that its claims are unfounded and asserts its commitment to fair competition.
"The Zillow Ban seeks to ensure that all home listings in this country are steered on to its dominant search platform so Zillow can monetize each home listing and protect its monopoly."
"In a free and competitive market, competitors' products and strategies should rise and fall on merit-not the whims of a monopolist gatekeeper like Zillow."
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