Compass slides back into antitrust spotlight
The residential real estate landscape is facing renewed regulatory scrutiny as the New York Attorney General’s office initiates an investigation into Compass’ market footprint. It’s a significant turn for the brokerage giant, which recently ascended to become the nation’s largest residential firm following its $1.6 billion merger with Anywhere Real Estate, the parent company behind industry heavyweights like Corcoran and Coldwell Banker. The scrutiny from the state comes after Compass previously dodged federal antitrust concerns by engaging high-profile legal counsel to secure clearance from the Department of Justice. The probe has so far involved outreach to leaders at competing New […]
This article originally appeared on The Real Deal. Click here to read the full story.
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