Competition probe launched into 8 major house builders

The Government’s competition watchdog has launched an investigation into suspected breaches of competition law by the eight major house builders.
The Competition and Markets Authority said it had uncovered evidence during a far-reaching study into house market delivery that indicated some house builders may be sharing commercially sensitive information with their competitors.
It added that it was concerned that this could be influencing the build-out of sites and the prices of new homes.
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