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US DOJ opposes approval of MLS PIN broker commission price-fixing settlement

( March 17, 2025, 23:56 GMT | Official Statement) -- MLex Summary: The US Department of Justice asked a Massachusetts federal judge to deny preliminary approval for a settlement between MLS PIN and home sellers pursuing broker commission price-fixing claims. Like a previous settlement the DOJ also opposed, the latest proposal offers only "cosmetic changes" to MLS PIN rules about the disclosure of broker compensation offers, the DOJ said. "These changes perpetuate the status quo—alleged to be the product of collusion among competing brokers through MLS PIN—and neither protect nor restore competition to this important market," the agency said in a supplemental statement of interest filed in the District of Massachusetts.See attached file....

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