Posted 4/6/2024, 1:19:00 AM
Biden DOJ Given Green Light to Reopen Antitrust Probe into Realtor Association over Commission Concerns
- Appeals court grants DOJ authority to reopen antitrust investigation into National Association of Realtors (NAR)
- Investigation centers around high real estate commissions driving unaffordable home prices
- DOJ previously settled with NAR under Trump admin but Biden DOJ wanted to continue probe
- Majority ruling states case can be reopened despite previous closure
- NAR slams ruling, saying government should be held to terms of original settlement