New York AG Investigates Compass for Antitrust Violations in Manhattan Market
Updated
Updated · The Real Deal · Jun 14
New York AG Investigates Compass for Antitrust Violations in Manhattan Market
1 articles · Updated · The Real Deal · Jun 14
Summary
Compass is under investigation by the New York State Attorney General for possible antitrust violations, a probe tied to the brokerage’s dominant share in some markets including Manhattan.
Jonathan Miller said the case matters beyond Compass because it could test how regulators view concentration and competitive practices in residential real estate.
The investigation surfaced alongside a week of major property-industry developments, underscoring how scrutiny of brokerage power is joining financing, litigation and luxury-sales stories as a key sector theme.