The National Association of REALTORS® (NAR) has issued a news release updating its efforts to dismiss pending class action antitrust litigation. The lawsuits should be dismissed because they are self-contradictory, ignore precedent and lack economic sense, according to the release.

“Throwing around a few anti-trust buzzwords doesn’t change the fact that MLSs have contributed to an orderly, efficient and pro-consumer marketplace for well over 100 years,” said John Smaby, President of NAR in the release. “We continue to believe the lawsuits are wrong on the facts, wrong on the economics and wrong on the law.”

Read the full NAR news release