The US FTC files an administrative complaint against a state licensing board for unreasonably restraining price competition for real estate appraisal services provided to appraisal management companies in Louisiana (LREAB)

This week, the Federal Trade Commission filed an administrative complaint against the Louisiana Real Estate Appraisers Board (LREAB). This complaint is the FTC’s first against a state licensing board since it prevailed in the Supreme Court in the decision in NC State Board of Dental Examiners v. FTC in 2015. There, the Court held that immunity from the antitrust laws under the state action doctrine does not apply to a state board that regulates an industry if: 1) a majority of the board members are active participants in the market they are regulating, and 2) the board has not been actively supervised by the state. McDermott reported in detail about the NC Board of Dental Examiners at the time of the

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Authors

  • McDermott Will & Emery (Washington)
  • McDermott Will & Emery (Washington)

Quotation

Ashley McMahon, Jeffrey Brennan, The US FTC files an administrative complaint against a state licensing board for unreasonably restraining price competition for real estate appraisal services provided to appraisal management companies in Louisiana (LREAB), 2 June 2017, e-Competitions June 2017, Art. N° 93096

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