Federal Register Notice
Opendoor Labs Inc; Analysis of Proposed Consent Order To Aid Public Comment
Date
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FTC Approves Final Order Prohibiting Louisiana Real Estate Appraisers Board from Fixing Prices for Appraisal Services in Louisiana
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Following a public comment period, the Federal Trade Commission has approved a final order settling charges that the Louisiana Real Estate Appraisers Board violated Section 5 of the Federal Trade...
Louisiana Real Estate Appraisers Board, In the Matter of
The Federal Trade Commission filed an administrative complaint against the Louisiana Real Estate Appraisers Board, alleging that the group is unreasonably restraining price competition for appraisal services in Louisiana, contrary to federal antitrust law. The complaint alleged that the appraisal board’s regulations exceeded the scope of the mandate outlined in the Dodd-Frank Act that required appraisal management companies to pay “a rate that is customary and reasonable for appraisal services performed in the market area of the property being appraised.” Specifically, the board required appraisal fees to equal or exceed the median fees identified in survey reports commissioned and published by the board. The board then investigated and sanctioned companies that paid fees below the specified levels.
Shortly before the administrative trial was set to begin, the FTC and the board reached a proposed settlement agreement.
On April 5, 2022, the Commission announced the final consent agreement in this matter.
Type of Action
Administrative
Last Updated
FTC Matter/File Number
161 0068
Docket Number
9374
Case Status
Pending
Louisiana Real Estate Appraisers Board Agrees to Settle FTC Charges that It Fixed Prices for Appraisal Services in Louisiana
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The Louisiana Real Estate Appraisers Board has agreed to stop fixing compensation levels for residential real estate appraisal services in Louisiana as part of a settlement reached with the Federal...
Statement of Daniel Francis, Deputy Director of the FTC’s Bureau of Competition, Regarding the Announcement That the Parties Have Abandoned CoStar Group Inc.’s Acquisition of RentPath Holdings, Inc.
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Following the announcement that the parties have abandoned CoStar’s proposed acquisition of RentPath, Daniel Francis, Deputy Director of the Bureau of Competition, made this statement: “This is...
FTC Sues to Block CoStar Group, Inc.’s Proposed Acquisition of Chief Competitor RentPath Holdings, Inc.
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The Federal Trade Commission has filed an administrative complaint , and authorized a suit in federal court, to block internet listing services provider CoStar Group Inc.’s proposed $587.5 million...
FTC Approves Final Order Adding Requirements to 2014 Order to Remedy CoreLogic Inc.’s Compliance Deficiencies
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Following a public comment period, the Federal Trade Commission has approved a modifying order against California-based real estate data and analytics company CoreLogic Inc., to address deficiencies...
Jun05
What’s New in Residential Real Estate Brokerage Competition – An FTC-DOJ Workshop
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The Federal Trade Commission and Department of Justice held a joint public workshop in Washington, DC on June 5, 2018, to explore competition issues in the residential real estate brokerage industry...
FTC, Department of Justice to Hold Workshop on Competition in Residential Real Estate Brokerage Industry
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The Federal Trade Commission and Department of Justice will hold a joint public workshop in Washington, DC on June 5, 2018, to explore competition issues in the residential real estate brokerage...
FTC Announces Agenda for June 5 Workshop on Competition in Residential Real Estate Brokerage to Be Held Jointly with the Department of Justice
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The Federal Trade Commission and Department of Justice issued the agenda today for a joint public workshop that will explore competition issues in the residential real estate brokerage industry. The...
FTC, Department of Justice to Hold Workshop on Competition in Real Estate Brokerage
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The Federal Trade Commission and Department of Justice announced today that they will hold a joint public workshop in Washington, DC on June 5, 2018, to explore competition issues in the residential...
FTC Office and Bureau Directors Comment on State Legislative Proposal Affecting Compensation for North Carolina Real Estate Appraisers
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In response to a request from North Carolina Assistant Attorney General Roberta A. Ouellette, the directors of the Federal Trade Commission’s Office of Policy Planning, Bureau of Competition and...
FTC Challenges Louisiana Real Estate Appraisers Board Regulations that Restrict Competition
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The Federal Trade Commission has filed a complaint against the Louisiana Real Estate Appraisers Board, alleging that the group is unreasonably restraining price competition for appraisal services in...
FTC Launches New Website Dedicated to Economic Liberty
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New web pages on the Federal Trade Commission’s website will highlight the work of the agency’s new Economic Liberty Task Force, which Acting Chairman Maureen K. Ohlhausen announced as her first major...
FTC Commissioner Ohlhausen Testifies Before Senate Judiciary Subcommittee Regarding Occupational Licensing and the State Action Doctrine
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In testimony presented to a U.S. Senate Judiciary subcommittee, the Federal Trade Commission described its competition enforcement and advocacy work relating to state regulatory boards and licensing...
Prepared Statement of the Federal Trade Commission: "License To Compete: Occupational Licensing and the State Action Doctrine," Before the Subcommittee On Antitrust, Competition Policy and Consumer Rights of the Committee on the Judiciary, US Senate
Date
By
Maureen K. Ohlhausen, Former Commissioner
Matter Number
P859910
File
Text of the Commission Testimony
(120.66 KB)
Statement of Commissioner Ohlhausen, Commissioner Wright, and Commissioner McSweeny Concerning Zillow, Inc/Trulia, Inc
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By
Matter Number
141 0214
To Settle FTC Charges, Professional Associations of Property Managers and Vocal Arts Teachers Agree to Eliminate Rules that Restrict Competition among Their Members
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The National Association of Residential Property Managers, Inc. (NARPM) and the National Association of Teachers of Singing, Inc. (NATS) have agreed to eliminate provisions in their respective codes...
FTC Testifies on How Professional Licensing and Regulation Can Affect Competition Before House Committee on Small Business
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In testimony before Congress today, the Federal Trade Commission described how it evaluates the potential competitive effects of regulating occupations, trades, and professions, and the agency’s...
Prepared Statement of the Federal Trade Commission On Competition and the Potential Costs and Benefits of Professional Licensure
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By
Andrew I. Gavil, Former Director, Office of Policy Planning
File
Text of the Commission Testimony
(191.07 KB)
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