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Estate agents deny fixing prices
The issue of alleged collusion to fix commission rates was raised again last week when a Port Elizabeth estate agency wanted to bring an application for interim relief against East Cape Property Guide and Saturday Property Guide.
Charter Properties is alleging that East Cape Property Guide and Saturday Property Guide are in contravention of the Competition Act.
Charter Properties claims that the two publications are refusing to allow references to rates of commission payable in advertisements and that this leads to price-fixing in contravention of the act.
The Competition Commission is still investigating. |
Posted on Friday, October 27, 2006 (Archive on Monday, November 27, 2006)
Posted by hayleym Contributed by hayleym
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