An Austin, Texas real estate technology company has lost the first round in its antitrust complaint against Zillow and the National Association of Realtors.
REX, incorporated as Real Estate Exchange, Inc., was launched in 2015 and uses technology to enhance efficiency and reduce brokerage commissions. A federal judge recently denied REX’s preliminary injunction request seeking to prevent the defendants from engaging in alleged anticompetitive conduct. Read on for the latest in the case.
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