New Report Details Real Estate Competition Worries

Law360, New York (May 8, 2007, 12:00 AM EDT) -- After years of scrutinizing the real estate market, the U.S. Department of Justice and the Federal Trade Commission have issued a joint report attacking the obstacles to competition that still exist in the industry, laying part of the blame at the feet of the National Association of Realtors.

On Monday, the DOJ and the FTC released the report in an effort to “inform consumers and others involved about important competition issues involving residential real estate,” the agencies said.

“The Antitrust Division seeks to educate industry participants...
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