Judge denies FTC request to presume Zillow-Redfin deal ‘unlawful'

A federal court denied the FTC’s bid to have the Zillow-Redfin rentals deal deemed "presumptively unlawful" ahead of trial next month. The ruling keeps the case in full evidentiary review rather than allowing an expedited presumption of illegality. Near-term market impact is likely limited, but it reduces immediate downside tail risk for the companies versus an early adverse finding.

Analysis

A federal court denied the FTC’s bid to have the Zillow-Redfin rentals deal deemed "presumptively unlawful" ahead of trial next month. The ruling keeps the case in full evidentiary review rather than allowing an expedited presumption of illegality. Near-term market impact is likely limited, but it reduces immediate downside tail risk for the companies versus an early adverse finding.