Zillow Takeover of Trulia Contested

zillow__credit_zillowAccording to housingwire.com, an article in the New York Post reports the National Association of Realtors (NAR) has asked the Federal Trade Commission (FTC) to block the $3.5 billion takeover of Trulia by Zillow due to anti-competition concerns. Although the two companies will remain separate entities, their combined 86.4 million visitors in May 2014 account for twice the visitors as the next three real estate websites combined, as Clareity Consulting informs MHProNews. ##

(Image credit: Zillow)

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