Antitrust officials: Proposed law forces higher real estate costs

Michigan trade group says opposition is based on 'misunderstanding'

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Federal antitrust officials are opposing real estate legislation, proposed in Michigan, that they contend would leave fewer options for real estate services and would likely decrease competition among real estate professionals and cause consumers “to pay thousands of dollars more in commissions to real estate brokers.”

U.S. Department of Justice and Federal Trade Commission officials, in an Oct.