The UK Competition and Markets Authority fines an association of estate and lettings agents, three of its members and a newspaper publisher for implementing an anticompetitive agreement following a settlement proceedings (Castles / Hamptons International / Waterfords)

Companies fined over £775,000 in CMA investigation into advertising of agents’ fees* An association of estate and lettings agents in Hampshire, three of its members and a newspaper publisher have admitted breaching competition law and have agreed to pay penalties totalling over £775,000. The settling parties consist of the association, Three Counties Estate Agents Limited (Three Counties); 3 of its members, namely Castles Property Services Limited (Castles), Hamptons Estates Limited (Hamptons International, and its parent companies Countrywide plc and Countrywide Group

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UK Competition Authority, The UK Competition and Markets Authority fines an association of estate and lettings agents, three of its members and a newspaper publisher for implementing an anticompetitive agreement following a settlement proceedings (Castles / Hamptons International / Waterfords), 19 mars 2015, e-Competitions March 2015, Art. N° 72199

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