The Belgian Competition Council rules that the publication of recommended minimum rates by a professional body influences free price setting of real estate agents (Beroepsinstituut van Vastgoedmakelaars)

I. The Parties BIV is the Belgian Institute of real estate agents. This professional association regulates access to the profession and the application of deontology rules. II. The Facts In 1996, BIV drafted and published a scheme of recommended minimum rates for services provided by real estate agents. It was published in the official bulletin of the BIV and on their website. In 2001, the Belgian Competition Authority launched an ex officio investigation Meanwhile, in 2004, the European Commission condemned a similar practice involving the Belgian Architects Association [1]. BIV stopped its practice afterwards. Though, in 2005, the Belgian Competition Council

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Alexandre Defossez, Bert Boogaerts, The Belgian Competition Council rules that the publication of recommended minimum rates by a professional body influences free price setting of real estate agents (Beroepsinstituut van Vastgoedmakelaars), 22 September 2010, e-Competitions Bulletin September 2010, Art. N° 36463

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