Online-advertising company REA probed by Australian antitrust watchdog

( May 27, 2025, 01:52 GMT | Official Statement) -- MLex Summary: Australian online-advertising giant REA Group revealed today that it was being probed by the country’s antitrust watchdog over price-gouging concerns. In a statement to the Australian Securities Exchange, the publicly listed real-estate advertising company said that it had received a “Section 155” notice — a legal requirement to provide information — from the Australian Competition & Consumer Commission. “REA is cooperating fully with the ACCC and is unable to comment further for confidentiality reasons,” the company said. The probe follows the recently aborted attempt by REA to acquire Dynamic Methods, a provider of a service to facilitate the digital use of common real-estate forms.REA Group's statement to the Australian Securities Exchange is attached: ...

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Online-advertising company REA probed by Australian antitrust watchdog

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