Complaint Counsel s Objections - In the Matter of Realcomp II Ltd.

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ORIGINAL UNITED STATES OF AMRICA BEFORE THE FEDERA TRAE COMMISSION ~;V :J318i;~'ti'; S u1.l \ . íP. n,u"c f'n . ~F\ . ,it 1- v'J'~1'Ji~. l'"Ç. ~~rr' r n "'~:~_~~:/S\' In the Matter of Docket No. 9320 ~~/ JUN - 4 Z007 ) 63D3~(p / REALCOMP II LTD., a corporation. Public COMPLAINT COUNSEL'S OBJECTIONS TO RESPONDENT REALCOMP II. LTD.'S FINAL EXHIBIT LIST AND FINAL PROPOSED WITNESS LIST Complaint Counsel hereby identifies its objections to Respondent Realcomp IT, Ltd.'s ("Realcomp") May 15, 2007, Final Exhbit List. Complaint Counsel has no objections to Realcomp's May 15, 2007 Final Proposed Witness List. Exhibit Number Description Additional Cites to April Objection(s) 17, 2007 RX9 RX 16 (same as RX 136) Hearsay report Listing of Other Web sites (RC0862­ Authenticity; Relevance; Hearsay RC0863) com print-out Authenticity; Hearsay RX28 FlatF eeMLS direct. referrng to Greater Michigan Realty RX29 RX81 Press Release: Gar Moody speaks to Realview MiRealSource Director Meeting Minutes, March 22, 2005 Hearsay MiOOOOI70: Authenticity; Double Hearsay MiOOOO 185-187: Authenticity; Double Hearsay - 1 ­ RX82 RX83 Michigan Real Estate Today, MLS Coverage Authenticity; Hearsay Google Search Results for Flat Fee MLS Listings ww.ranking.com Data-Driven Market Search website home page Authenticity; Relevance Authenticity; Relevance; Hearsay RX84 RX85 MiRealSource By-Law Committee Meeting Minutes, March 25, 2004 Mi0000013: Double Hearsay Authenticity; Relevance; Hearsay Authenticity; Relevance; Hearsay Authenticity; Hearay RX86 RX87 RX88 ww.realtyac.com ww.realestate.ao1.comluy-sell­ home/search ww.metalsoftware.com: ILD (Internet Listing Display) Policy RX89 Any additional documents received from NAR as a follow up to Respondent Counsel's attempt to reach NAR in response to Declaration of Maron Hanson Authenticity; Hearsay. RX90 RX91 Michigan MLS Surey Analysis of Michigan by Clareity, March 9,2005 Double Hearsay P. 5: Hearsay; Authenticity; Best i Evidence P.6: Hearsay Authenticity; Hearsay Real News from MiRealSource, December 17, 2003 RX92 Michigan Real Estate Today website: MLS Listing Types Washingtonpost.com website: RX94 RX95 Authenticity; Relevance; Hearsay Realestate G. Stacy Sirmans and David A. Macphereson, The Value of Housing Authenticity; Hearsay; hnproper Expert Opinion Characteristics, National Association of Realtors, December 2003 RX96 Paul E. Carllo, An Empirical TwoSided Equilibrium Search Model of the Authenticity; Hearsay; hnproper Expert Opinion Real Estate Market, October 2005 - 2­ RX98 Mark Arstrong, "Competition in Two-Sided Markets," University College London Working paper, revised May, 2005 MiRealSource 6- Y ear Statistical Authenticity; Hearsay RX99 RX 102 Authenticity; Hearsay; Best Evidence Analysis 2001-2006 David Evans, "The Antitrst Economics of Authenticity; Hearsay Multi-Sided Platform Markets," Yale Joural on Regulation (Sumer 2003), pp. 325-381 RX 111 Benjamin Hermalin and Michael Katz, "Sender or receiver" who should pay to exchange an electronic message?" Authenticity; Hearsay; Expert Opinion RA Joural (Autu 2004) pp. 423-448 RX 112 Jean-Charles Rochet and Jean Tirole, "Platform Competition in Two-Sided Authenticity; Hearsay; Expert Opinion Market," Joural ofthe European Economic Association (June 2003), pp. 990-1029 RX 113 Sumar of Preliminar Issues Data Authenticity; Hearsay Authenticity; Hearsay Protection Task Force RX 114 RX 115 Realtor.com (NAR) website: Quick Real Estate Statistics Margaret Guerrn-Calvert, "Vertical Integration as a Threat to Competition: Airline Computer Reservation Systems," in John Kwoka and Lawrence White, eds., The Antitrst Authenticity; Hearsay Revolution, 2nd edition, pp.445-7 RX 116 RX 117 In re: Realcomp Response to Subpoena to NAR Hearng Before the House Financial Authenticity; Hearsay Authenticity; Hearsay; Expert Opinion Services Subcommittee on Housing and Community Opportunity entitled ~'The Changing Real Estate Market," July 25,2006 -3­ RX 121 Complaint Counsel's Intial Disclosures Respondent's Intial Disclosures Internet Analysis Documents Relevance Relevance RX 122 RX 123 Authenticity; Hearsay RX 124 RX 125 MoveInichigan.com Internet Search Positions Authenticity; Hearsay Relevance Report and Recommendations for the MLS Internet Issues Work Group of the Multiple Listing Issues and Policies Committee, Januar 28-29,2007 RX 131 Representative Listings Authenticity; Hearsay Authenticity; Double Hearsay Authenticity; Hearsay Authenticity; Relevance; Hearsay RX 132 RX 133 Detroit News Aricle, October 6,2005 Varous Internet Searches -1 RX 136 (same as RX 16) RX 138 Varous Internet Searches-2 (RC0862­ RC0863) Press Release, August 9, 2004: Miami, Detroit Top List of America's "Most Independent Cities for Home Sellers" Authenticity; Hearsay i . RX 150 RX 160 RX 161 Homescape Sales Sumit October 26­ 27,2005 Realcomp Online New Search Screen Policy Supplemental Expert Report of Dr. Authenticity; Hearsay Authenticity; Hearsay Hearsay David M. Eisenstadt to be submitted on or before May 31,2007, together with all attachments and data CX 133 Expert Report of Dr. David M. Eisenstadt with attachments Hearsay CX 134 Regression Analysis of Days on Market, EA v ER TS prepared by Dr. David M. Eisenstadt Hearsay - 4­ Respectfully submitted, Sean Gates Peggy Bayer Femenella ~~r~ Joel Chrstie Linda Holleran Chrstopher Renner Counsel Supporting the Complaint Bureau of Competition Federal Trade Commission 601 New Jersey Avenue, NW Washington, D.C., 20580 sgates(fftc.gov (202) 326-3711 Facsimile: (202) 326-3496 Dated: June 4, 2007 -5­ CERTIFICATE OF SERVICE This is to certify that on June 4,2007, I caused a copy ofthe attached Complaint Counsel's Objections to Respondent Realcomp II, Ltd's Final Exhibit List and Final Proposed Witness List, to be served upon the following persons: by hand delivery to: The Honorable Stephen J. McGuire Chief Administrative Law Judge Federal Trade Commission 600 Pennsylvania Avenue, NW Washington, DC 20580 and by electronic transmission and overnight courierto: Scott Mandel, Esq. Foster, Swift, Collins & Smith P .C. 313 South Washington Square Lansing, MI 48933-2193

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