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National Association of Realtors should face antitrust claims, says AAI

( June 2, 2021, 22:31 GMT | Official Statement) -- MLex Summary: The American Antitrust Institute told a US appeals court that PLS.com’s antitrust case against the National Association of Realtors should be revived. It argued that the district court’s antitrust standing test, whereby it required PLS to demonstrate harm to ultimate consumers in addition to harm to itself, to competition, and to direct-purchasing consumers, is at odds with longstanding antitrust principles. Additionally, it said the court’s apparent assumption that consumers would be better served by a single listing service network governed by NAR’s listing rules is based on misguided assumptions about the role of courts in antitrust cases and about the economics of network effects and competition between platforms.See document below. ...

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