BrokerageIndustry News

FTC charges Austin Realtors with restraining competition

Real estate board settles charges with no admission of wrongdoing
Published on Jul 13, 2006

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by CareyBot

The Austin, Texas, Board of Realtors illegally restrained competition by preventing consumers from putting certain types of home listings on public Web sites, the Federal Trade Commission charged today.

The 5,000-member Realtor board operates a multiple listing service in the Austin metropolitan area ...