In the News
Estate agent cartel is fined
A really good competition policy example here as the Competition and Markets Authority fines a group of estate agents in Somerset for a cartel that fixed minimum commission charges.
According to the Competition and Markets Authority:
"A group of estate agents – all based in the Burnham-on-Sea area in Somerset – had a meeting and agreed to fix their minimum commission rates at 1.5% with the aim of making the agents involved more money, so denying local home owners the chance of getting a better deal when selling their property."
Exam support for 2022
Online Grade Booster Courses for A-Level Exams in May & June 2022
Exam technique, advance information support, live revision and more from the tutor2u subject specialist teams