June 04, 2025
By: Jody Godoy
Source: Reuters This link opens in new window or tab.
Reuters: US senators press antitrust enforcers over Rocket-Redfin deal
A group of U.S. Senators have demanded that federal antitrust enforcers explain why they did not seek to block Rocket Companies' (RKT.N), opens new tab $1.75 billion acquisition of real estate listing platform Redfin (RDFN.O), opens new tab, saying the deal could raise costs for homebuyers.
U.S. senators including Elizabeth Warren and Cory Booker, the top Democrats on the Senate banking and antitrust committees, wrote to the U.S. Department of Justice and Federal Trade Commission on Wednesday asking why they had not challenged the merger announced in March.
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By: Jody Godoy
Source: Reuters This link opens in new window or tab.
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