Arizona Ends Zillow-Redfin Non-Compete, Orders $2M to Restore Competition

Regulators say Zillow and Redfin secretly agreed not to compete in large-apartment listings, with Redfin ceding business to Zillow; the 2025 payout of $100 million is cited as part of the anticompetitive deal. Under the settlement, they must resume real competition: Redfin will list its own apartment units and drop exclusive listings, with a $2 million penalty and a ban on similar deals in the future, supported by the FTC and AGs from AZ, CT, NY, WA, and VA.