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Downey Law in the News

Alicia Downey quoted in Banker & Tradesman About Antitrust Implications of Consolidation in the Real Estate Brokerage Industry: “Growth Is Good, And Generally Legal”

May 1, 2017

In an April 30, 2017 subscribers-only article by Banker & Tradesman staff reporter Jim Morrison, Alicia Downey responded to questions about the extent to which antitrust law might constrain the growth of companies such as Realogy, which owns a large number of branded residential real estate brokerage firms. Alicia noted, “There is an antitrust risk when a company holding a monopoly or a large market share is somehow able to exploit that position to keep prices high, coerce customers to deal only with them, or arrange things that keeps competitors out by unfair means, such as false advertising, contracts that make it unduly difficult or expensive to switch service providers, or by using things like over-restrictive non-competes.”