"Announced in early April, Zillow's listing access standards policy bans listings from its site if they have been publicly advertised for more than one business day before being input into the MLS and made available for display on IDX and VOW websites. In late June, just before the policy was set to go into effect, Compass filed its lawsuit in which it claims Zillow is breaking Federal antitrust laws by enacting this policy."
"In the letter, Zillow tells Judge Vargas that it is specifically asking for permission to serve narrow expedited Requests for Production on Compass relating to the [acquisition] and to conduct a supplemental 2-hour deposition with Compass CEO Robert Reffkin that would focus on the Anywhere acquisition. Zillow is requesting access to documents that include representations and warranties Compass made to Anywhere, disclosures about financial risks or stock value, communications between the firms about Zillow's listing access standards, Compass's three-phase marketing strategy and this lawsuit."
Zillow announced a listing access standards policy banning listings from its site if publicly advertised more than one business day before entry into the MLS and availability on IDX and VOW websites. Compass filed suit in late June alleging the policy violates federal antitrust laws and will cause irreparable harm, noting its reliance on private listings and a three-phased marketing strategy. The parties informed Judge Vargas they reached an impasse over Zillow's request for expedited discovery. Zillow seeks narrow requests for production and a supplemental two-hour deposition of CEO Robert Reffkin focused on the Anywhere acquisition, plus documents and financial forecasts tied to the merger, which Zillow says bear on Compass's irreparable-harm claims.
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