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Keep up to dateBy Joey Gardiner2023-08-25T10:33:00
CMA launches consultation on full blown investigation into housebuilding but says planning may be at root of concerns
The competition regulator is to look deeper into landbanking and estate management charges as it considers whether to launch a full-blown investigation into the housebuilding sector.
The Competition and Markets Authority (CMA) said in a progress update on its market study into the housebuilding industry that it was consulting on launching a full regulatory “investigation” into the sector, which could lead to the imposition of remedies on firms guilty of blocking competition.
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