By Christopher Cole (April 15, 2021, 1:57 p.m. EDT) – The Federal Trade Commission has proposed a settlement to end an internal case against the Louisiana Real Estate Appraisers Board for allegedly violating antitrust law through rules limiting capacity assessors to set the fees.
The commission and the Council of State jointly decided to withdraw the proceedings before an administrative judge. Terms of the potential deal have not yet been disclosed. Both sides said their attorneys and the FTC’s Competition Bureau signed the deal.
“Consequently, the parties request that the case be withdrawn from arbitration until Monday, June 21,” the parties said, which leaves time for the commission …
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