Antitrust Attorney Barry Prods Feds to Take Action Against NAR
Posted by LaLa on 01 Dec 2005 | Tagged as: Antitrust, Blog, National Issues, The Industry
Over the past several years, many researchers and public interest groups have critiqued real estate brokerage practices. David Barry’s Nine Pillars of the Citadel is one of the first Reports to offer concrete advice for actual reform.
In his Report, Barry accuses the National Association of Realtors of fixing prices and restraining trade. These actions result in increased transaction prices for consumers.
In this Report to the Federal Trade Association, Barry calls upon Congress to establish a national Multiple Listing Service and for the Department of Justice to criminally prosecute NAR for price fixing.
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