New York AG probes Compass-Anywhere acquisition

Compass reportedly facing antitrust scrutiny in NY

The state Attorney General’s office is gathering information about Compass’ market share in NYC following its acquisition of Anywhere, The Real Deal reported.

New York AG probes Compass-Anywhere acquisition

Compass International Holdings appears to be under investigation by the office of New York state Attorney General Letitia James.  Leaders at other real estate brokerages in New York City have confirmed to HousingWire that James’s office has reached out to request information as part of an inquiry into Compass. The news was first reported by The Real Deal. The attorney general’s office declined to comment on the alleged investigation and a spokes…

Attorney General Investigating Compass Over Antitrust Concerns

The antitrust division of New York Attorney General Letitia James’s office is reportedly looking into Compass’s dominance in the New York residential market, and at least one major brokerage has confirmed being contacted as part of the inquiry.  State investigators have apparently contacted leaders at several top New York City brokerages requesting information as part… The post New York Attorney General Investigating Compass Over Antitrust Conce…

Report: NY Attorney General Investigating Compass Over Potential Antitrust Issues

Shares of Compass dropped by 12.69% shortly after news of the probe was first reported. Continue Reading Report: NY Attorney General Investigating Compass Over Potential Antitrust Issues The post Report: NY Attorney General Investigating Compass Over Potential Antitrust Issues appeared first on Weekly Real Estate News.