Nat'l Assoc. Of Realtors Says Rival's Suit Twists Antitrust Law
Law360 (October 15, 2020, 9:58 PM EDT) -- The National Association of Realtors urged a California federal judge Thursday during a videoconference hearing to dismiss an antitrust lawsuit filed against it by a smaller rival, saying that Pocket Listing Service's complaint is nothing more than a jealous competitor looking to "turn antitrust litigation on its head."
During the three-hour-plus hearing before U.S. District Judge John W. Holcomb about NAR's motion to dismiss PLS's lawsuit over its so-called Clear Cooperation Policy, NAR attorney Ethan C. Glass of Quinn Emanuel Urquhart and Sullivan LLP read a line he characterized as being from the "most important" paragraph in the complaint and said it...
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