The UK's biggest housebuilders are under investigation by the Competition and Markets Authority for suspected anti-competitive practices, including sharing sensitive information potentially affecting new home prices and development timelines. The inquiry involves seven major firms like Barratt Developments and Persimmon, and it has been extended until August 2025 due to its complexity. There are concerns that these practices could harm self-builders and potential homebuyers by reducing competition and inflating costs, indicating serious implications for the housing market if collusion is confirmed.
The CMA's investigation into potential collusion among UK’s major housebuilders suggests possible coordination that may be limiting housing competition and affecting prices.
The inquiry’s rise to complexity was emphasized by the extension of the investigation deadline to August 2025, highlighting the serious implications for the housing market.
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