Letter from the CMA to estate agents on choosing online property portals

From: Ann Pope
Senior Director, Antitrust
Competition and Markets Authority
21 April 2016

CMA open letter to estate agents on choosing online property portals

The Competition and Markets Authority (CMA) is writing to estate agents to remind them that, when an estate agent makes a commercial decision about its choice of online property portals, the law requires that it makes that decision without colluding with estate agents that are its competitors.
The CMA is taking this step after becoming aware that estate agents in some local areas may have made a collective decision to join the OnTheMarket portal and, at the same time, to remove their business from other portals that compete with OnTheMarket.

The CMA has already been in contact with ...read more