Competition watchdog exposes three firms who colluded for years prompting fears of cartels operating across UK
A ring of estate agency firms that colluded to fix commissions at high levels across Berkshire has been broken up and collectively fined more than £600,000.
The estate agents, which handled most property sales in Wokingham and other parts of Berkshire, conspired to keep commissions at rates understood to be above 1.8% on each house sale, and even set up a penalty system for agents who broke their rules.
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