Compass Inc (NYSE: COMP) shares declined 12% on Wednesday following a report that the New York Attorney General’s Office is conducting an antitrust investigation into the residential real‑estate broker.
The investigation was reported by The Real Deal, which said the AG’s antitrust division has contacted leaders of several major New York City brokerages for information; the AG’s office declined to comment.
The probe follows Compass’s $1.6 billion merger with Anywhere Real Estate earlier in 2026, which created Compass International Holdings, the largest U.S. residential real‑estate firm with more than 340,000 agents and franchisees. Anywhere Real Estate owns brands such as Corcoran, Sotheby’s International and Coldwell Banker.
Earlier federal scrutiny was resolved after Compass hired lawyer Mike Davis, who successfully persuaded Deputy Attorney General Todd Blanche to close the DOJ antitrust review, avoiding a prolonged federal investigation.
The current state‑level inquiry represents a new regulatory challenge for Compass after completing its major acquisition.
