Ferguson tells antitrust experts not to fall for groupthink of establishment, saying self-appointed experts are normally wrong
“And here’s a note to all the so-called antitrust experts who doubted our decision to ask for a permanent injunction rather than using our administrative tribunal. Don’t fall for the group think of the antitrust establishment. The experts are self-appointed and normally wrong.”
Ferguson says Henkel-Liquid Nails merger is permanently blocked, benefiting home builders and DIY consumers
“This merger is now permanently blocked and home builders, as well as those who (like me) enjoy doing some DIY repair around the house, will continue to benefit from competition in the construction adhesives aisle at the hardware store.”
Ferguson states the settlement provides the competition in rental markets that Americans deserve
“The FTC settles cases when a settlement will fully protect competition. Here, this settlement gets the American people everything we could have gotten at the end of a successful trial. It will provide precisely the sort of competition in rental markets that the American people”
Ferguson announces FTC and five states achieved complete victory in lawsuit against Zillow and Redfin, restoring rental market competition
“Today, the @FTC and five States achieved a complete victory for the American people in their lawsuit against Zillow and Redfin with a major settlement that resolves all our competition concerns and restores competition in the housing rental market.”
Ferguson describes how Zillow allegedly paid Redfin $100 million to abandon the rental market
“When people look for rental housing, they often start their search on an internet listing service like Zillow. Last year, the FTC and five States sued Zillow, alleging the company paid its main rival, Redfin, $100 million to abandon the rental market. Zillow runs Trulia, HotPads”
Ferguson describes how Zillow allegedly paid Redfin $100 million to abandon the rental market
“When people look for rental housing, they often start their search on an internet listing service like Zillow. Last year, the FTC and five States sued Zillow, alleging the company paid its main rival, Redfin, $100 million to abandon the rental market. Zillow runs Trulia, HotPads”