Two MLSs hit with civil suits after FTC actions

West Penn agrees to $2.4M settlement; Realcomp continues court battle

The premier event for luxury agents and brokers
Luxury Connect | Oct. 16-18 | Beverly Hills

Two multiple listing services in Michigan and Pennsylvania that federal regulators had accused of anti-competitive practices have also become entangled in civil lawsuits seeking millions of dollars in damages on behalf of consumers.

Pittsburgh-based West Penn Multi-List Inc. has agreed to pay $2.38 million to settle allegations that its member brokers conspired to pass rules aimed at restricting competition from nontraditional and discount brokerages.