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NAR Antitrust Investigation Intensifies
The antitrust lawsuits against NAR are piling up, and now the Department of Justice has opened an official probe into alleged anti-competitive practices in the real estate industry. It issued an investigative demand to real estate data firm, CoreLogic, and other MLS platform vendors, for various documents and information related to the distribution and use of MLS data and the way that buyer agent commissions are paid.