US senators press antitrust enforcers over Rocket-Redfin deal


FILE PHOTO: Screens display the logos of Rocket Companies (RKT), the parent company of Rocket Mortgage and Quicken Loans, in Times Square during the company's IPO on the New York Stock Exchange (NYSE) in New York City, New York, U.S., August 6, 2020. REUTERS/Mike Segar/File Photo

(Reuters) -A group of U.S. Senators have demanded that federal antitrust enforcers explain why they did not seek to block Rocket Companies' $1.75 billion acquisition of real estate listing platform Redfin, 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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