FTC And Congress Focus On Real Estate

Law360, New York (July 24, 2006, 12:00 AM EDT) -- Amid the Federal Trade Commission’s probe of anti-competitive actions in the real estate industry, the House Financial Services Housing Subcommittee will hold a hearing Tuesday on business models in the industry.

The hearing, entitled “The Changing Real Estate Market,” will focus on new brokerage business models, like discount brokers; the implications of state minimum-service requirements; and competition in the real estate market, according to the National Association of Realtors.

Representatives from the Government Accountability Office, the Federal Trade Commission, and the Department of Justice, along with...
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