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ustralia's competition regulator, the ACCC, has launched an investigation into REA Group, a leading online real estate platform. The inquiry focuses on the company's subscription services amid concerns about competitive practices in the digital property listing market.

    REA Group, majority-owned by News Corp, confirmed receiving a formal request from the ACCC for information about its business practices. The regulator is seeking to ensure strong competition in the real estate sector and has not yet reached any conclusions.

    The ACCC's interest lies in how REA Group structures and offers its subscription packages, which are a significant revenue stream. This suggests broader concerns that such practices may hinder fair competition in Australia's property listings industry.