Judge rules antitrust claims against Realtor associations 'plausible'

MLS faces possible dissolution or buyout
  • A federal district court has upheld two antitrust claims brought against two California Realtor associations by a rival association, allowing all 11 of the latter's claims to advance.
  • The three associations together own regional MLS Sandicor Inc., which two of the associations seek to dissolve and one seeks to buy out from the others.
  • The three associations compete for agent and broker members through the services they offer.
  • The association alleging antitrust is accusing its rivals of conspiring to eliminate a competitive threat by denying the association an unrestricted MLS data feed from Sandicor for a public-facing listing site.

A federal judge is allowing antitrust claims against two California Realtor associations to go forward, keeping the fate of one of the nation’s largest MLSs up in the air.