On Opendoor's Settlement with the FTC
It appears that Opendoor has preemptively caved in to the Federal Trade Commission, agreeing to a consent order. As is usually the case, the Complaint was filed along with the Consent Order agreement earlier today.
I initially thought, "Oh wow, this is bad for Opendoor." Then I read the Complaint and the Consent Order, and while I do not pretend to know …
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