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Zillow v. Compass / MRED

Zillow Group, Inc. v. Compass International Holdings, Inc. and MRED LLC

OngoingListing Access / Antitrust
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Quick Facts

Filed

May 12, 2026

Jurisdiction

Northern District of Illinois

Plaintiff Firm

Keker, Van Nest & Peters

Next Milestone

Defendants' response pending; preliminary injunction hearing anticipated within 30-60 days

Key Issue

Compass and MRED conspired to cut off Zillow's Chicago listing data access unless Zillow abandoned its Listing Access Standards consumer-protection policy; MRED-Compass partnership to expand Private Listing Network nationwide

Industry Impact

First major federal antitrust challenge to private listing network data access restrictions. Zillow alleges a per se unlawful group boycott (Sherman Act §1) and monopoly abuse (Sherman Act §2) by MRED, which controls listing data for 43,000+ agents across Chicagoland. Compass cut off 25%+ of current Chicagoland listings from Zillow on May 8, 2026. The MRED-Compass partnership — in which Compass subsidizes 100,000 agent memberships — is designed to expand PLN leverage nationally, with simultaneous MLS outreach in North Carolina, Tennessee, and California. If the injunction is denied, portals that adopt pro-transparency standards could face the same data cutoff threats in multiple markets within weeks.

Case Timeline
Key events and milestones in this case

Zillow Announces Listing Access Standards

April 2025

Zillow announces policy requiring all listings displayed on Zillow to be made available to all buyers equally, targeting private listing networks

Compass CEO Urges MLS Boycott

April 2025

Compass CEO Robert Reffkin messages at least 8 regional MLSs urging them to cut off Zillow's IDX and VOW data feeds unless Zillow repeals its Listing Access Standards

MRED-Compass Partnership Announced

April 2026

MRED and Compass announce partnership: Compass subsidizes 100,000 agent memberships; MRED agrees to expand Private Listing Network nationwide

MRED Threatens Zillow Data Cutoff

May 6, 2026

MRED's technology distributor (whose board chair is MRED CEO Rebecca Jensen) threatens to terminate Zillow's listing feed unless Zillow reinstates Compass private listings nationally

Compass Cuts Zillow Listing Feed

May 8, 2026

Compass terminates all direct listing feeds to Zillow, removing 25%+ of current Chicagoland listings from the portal

Zillow Files Suit

May 12, 2026

Zillow files federal antitrust complaint in N.D. Illinois alleging Sherman Act §1 group boycott and §2 monopoly abuse; seeks injunction, treble damages, and attorneys' fees

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