Article summary
On 23 January 2020, the CMA published the non-confidential version of its infringement decision of 17 December 2019, finding that four estate agents breached competition law by fixing the minimum commission rates they charged their customers. The cartel took place from at least September 2008 and lasted for almost seven years. The CMA imposed fines totalling £605,519 on three estate agencies. A fourth estate agency was not fined as it brought the illegal activity to the CMA’s attention and fully co-operated with the investigation.
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