the investigation is taking place under the Competition and Markets Authority

Probe launched into housebuilders due to suspicion of trading information

A series of housebuilders are under investigation from The Competition and Markets Authority (CAM) over suspicion of exchanging competitively sensitive information.

Commercial housebuilders may be sharing commercially sensitive information with competitors according to the CMA, which the organisation said could be influencing the build-out of sites and new-home prices.

The companies which are now under scrutiny amidst the CMA probe are Barratt, Bellway, Berkeley, Bloor Homes, Persimmon, Redrow, Taylor Wimpey, and Vistry.

The government organisation said, in a report regarding concerns within the house market, it is concerned that such activities may be weakening competition within the market.



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