DOJ Leadership Overrules Staff on $1.6B Realty Merger
Jan 14
2
Justice Department leadership overruled staff and allowed a $1.6 billion real-estate merger to proceed, resulting in the brokerages avoiding a merger investigation. The decision exposed an internal rift within the DOJ over whether to scrutinize consolidation in the real-estate brokerage industry.
Antitrust and Competition Policy
U.S. Housing and Real Estate