BrokerageIndustry News

DOJ sues MLS in South Carolina

Complaint alleges anticompetitive rules
Published on May 5, 2008

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by CareyBot

The U.S. Justice Department has filed a lawsuit against a broker-operated multiple listing service in Columbia, S.C., charging that the MLS's rules restrict competition and drive up the cost of real estate services.

The civil antitrust lawsuit, filed Friday in U.S. District Court in Columbia, alleges that CMLS "requires brokers to perform a prescribed set of services, which limits consumer choice, and excludes competitors who might offer innovative options that could provide better services to consumers in that area."

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