FTC Forces Listing Services To Stop Blocking Discount Brokers

    NYT: The Federal Trade Commission said yesterday that five regional real estate listing services had agreed to treat listings from discount brokers no differently than those from traditional agents.

    “The rules these brokers made drove up costs and reduced the choice for consumers, and they violated federal law,” Jeffrey Schmidt, director of the F.T.C.’s competition bureau, said in a statement.”

Cabals within cabals, my friends, cabals within cabals.