Housebuilders accused of keeping house prices high through colluding
by Henry Saker-Clark
Feb 26, 2024
2 minutes
The UK competition watchdog has opened an investigation into eight housebuilders following evidence they may be sharing commercially sensitive information which may have kept prices high.
The Competition and Markets Authority (CMA) launched the probe amid concerns it could be affecting the development of sites and prices of new homes.
It came as the regulator warned that the housebuilding sector “needs significant intervention” amid concerns over
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