Note:
Marc D. Murr, The Professionalization of Real Estate
Brokerage and the Problem of Multiple Listing Service Exclusion:
A Sherman Act Analysis, 59 TEXAS L. REV. 125 (1980).
Abstract:
This Note explores the conflict between the right of association
and antitrust laws in the context of real estate board practice.
Current real estate board practice is to exclude nonmembers of
Multiple Listing Services. The author addresses three issues:
(1) whether local board rules excluding nonmember agents is a
group boycott under the antitrust laws, (2) whether the goal of
professionalization is a legitimate objective under the
antitrust laws, and (3) what antitrust test should apply to MLS
exclusion cases. The Note acknowledges that professionalization
is a legitimate goal under the antitrust law but concludes that
it does not justify unreasonably anticompetitive behavior, and
MLS exclusion is a group boycott under the antitrust laws. With
regard to board MLS exclusion of nonmembers, the author argues
for a standard of per se illegality because professionalization
is attainable without MLS exclusion.