Ninth Circuit Upholds Dismissal of Antitrust Case Against Realtors and Zillow

The U.S. Court of Appeals for the Ninth Circuit has determined that REX Real Estate Exchange Inc., a startup real estate broker, failed to substantiate its claims of an anticompetitive conspiracy in a lawsuit against the National Association of Realtors (NAR) and Zillow Group Inc. REX, represented by Boies Schiller Flexner, alleged that an agreement between NAR and Zillow negatively impacted its online visibility and violated the Sherman Act. However, a three-judge panel, comprising Judges Sidney R. Thomas, Daniel A. Bress, and Ana de Alba, concluded that REX could not demonstrate a common, anti-competitive scheme, thus affirming the district court’s decision to grant summary judgment. More details can be found in the article on Law.com.