US Senate Democrats urge FTC to probe online home-buying marketplace
( October 16, 2026, 19:59 GMT | Official Statement) -- MLex Summary: US Senators Cory Booker and Elizabeth Warren asked Federal Trade Commission Chair Andrew Ferguson to investigate anticompetitive and deceptive practices by dominant online real estate platforms, arguing that the companies are driving up costs for homebuyers. “We urge you to now investigate anticompetitive and deceptive practices in the home-buying market, using every enforcement tool available to restore competition to the entire online real estate marketplace,” the senators wrote. “Today, too many people are locked out of the American dream of homeownership.”Statement follows in full. Also see attached file. ...
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