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New York real estate board files reply in support of dismissing Compass' antitrust claims

( July 30, 2021, 20:26 GMT | Official Statement) -- MLex Summary: Compass’ opposition to dismissal of its antitrust case against the Real Estate Board of New York steadfastly avoids addressing the key points, according to the board. “Instead, Compass obfuscates by focusing on 'rebutting' arguments REBNY never made—e.g., whether a trade association rule can constitute concerted action—and by ignoring the realities apparent from its own complaint,” it said. Compass is accusing the board of enacting a rule that in effect blocks agents from joining “forward-thinking brokerages” like Compass.See document below. ...

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