Feds file anti-trust suit against Realtors

The U.S. Justice Department filed an anti-trust suit in District Court in Chicago on Thursday against the National Association of Realtors, claiming it unfairly limits competition by allowing real estate agents to withhold home listings from Internet-based brokers. The Realtors’ policy, the government claims, prevents brokers who rely on the Internet from being able to show customers all the houses that may be for sale in the locations and price ranges they’re seeking. more [Newsday]