parliment flags

On 21 April 2016, the Competition and Markets Authority (“CMA”) published an open letter to estate agents in the UK stressing the importance of making independent commercial decisions and warning them against unlawful collaboration in breach of competition law. It was brought to the CMA’s attention that various estate agents were entering into collective decisions to market properties solely on the OnTheMarket Portal and to remove themselves from all other competing portals, including Rightmove and Zoopla. The CMA raises concerns –Read More–

On 26 April 2016, the Competition and Markets Authority (“CMA”) confirmed, following settlement, that it will issue a formal infringement decision to bathroom fittings manufacturer Ultra Finishing Limited (“Ultra”) following investigations opened back in August 2014 into suspected vertical price restraints in place between suppliers and resellers. In our previous update on this issue, we reported that the CMA had, on 28 January 2016, disclosed provisional findings of anti-competitive behaviour in a Statements of Objections. In response, Ultra stated that –Read More–

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