Ferguson outlines that Deere will face strict reporting and oversight requirements under the settlement.
“Deere will be required to: Deere will also be subject to strict reporting and oversight requirements to ensure its compliance”
Ferguson specifies the Deere settlement order lasts ten years and may be extended for violations.
“The term of the order is 10 years and may be extended if Deere violates its terms.”
Ferguson praises SBA Secretary Kelly as one of most effective fraud fighters with outstanding antifraud work
“Secretary @SBA_Kelly is one of our most effective fraud fighters. SBA’s antifraud work has been outstanding. https://t.co/qvOP5pWa1b”
Ferguson says settlement ends anticompetitive agreement and restores Redfin as independent competitor with more listings than before
“This anticompetitive agreement is now history under our proposed settlement. Redfin will once again become an independent competitor while also maintaining access to Zillow’s valuable content, with more listings than Redfin had before. And to ensure that Redfin can make up for”
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 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”