Friday, December 22, 2006

NAR will bite the dust?

Via the Marin Real Estate Bubble blog:
A Chicago district court cleared the way Tuesday for the Department of Justice to proceed with its antitrust lawsuit against the National Association of Realtors (NAR).

The DoJ contends the NAR is engaging in anti-competitive behavior against online home brokers.

Hmmm. The internet results in better, lower-priced service, and the dinosaur NAR acts like a jerk and tries to protect their interests.



Here are the filings at the DoJ site, for you legal beagles who understand such stuff.





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