Zillow resolves FTC lawsuit over claims it paid Redfin to suppress rental listings

The U.S. Federal Trade Commission has reached a settlement with Zillow and Redfin to resolve the regulator's claim that the companies made an illegal deal to suppress competition in online rental advertising. The FTC said Monday that it filed a proposed order with the U.S. District Court for the Eastern District of Virginia. It essentially requires Redfin to restart its standalone rental housing listings business, which the commission says will restore competition in the market for rental…