A federal appellate court affirms dismissal of class-action lawsuit brought by home sellers who claimed that local brokerages had conspired to fix commission rates in violation of federal antitrust laws.

A group of home sellers (collectively, “Sellers”) filed a lawsuit against a number of local brokerages and some of their corporate parent companies.  The lawsuit alleged that the brokerage firms had entered into an illegal arrangement to fix commission rates, demonstrated by the fact that they all charged a similar rate and the commission rates hadn’t decreased despite a rise in the average home sale price. Read More