header-logo header-logo

Neighbourhood watch

14 March 2014 / Andrew Francis , Suzanne Rab
Issue: 7598 / Categories: Features , Property
printer mail-detail
web_rab_francis

 Are property sales and letting agents under scrutiny? Suzanne Rab & Andrew Francis say you can put your house on it

The Office of Fair Trading (OFT) is investigating a potential infringement under the Competition Act 1998, Ch I which is the UK domestic legislation applying to restrictive agreements, including cartels. Chapter I mirrors the EU competition law prohibition on restrictive agreements contained in Art 101 of the Treaty on the Functioning of the EU. Chapter I prohibits agreements, decisions and concerted practices between or among undertakings or associations of undertakings (including trade associations) which have as their object or effect the prevention, restriction or distortion of competition within the UK and which affect trade in the UK. The OFT may impose penalties of up to 10% of turnover on a company or association that is found to have violated a provision of UK or EU competition law, including Ch I. Individual directors may face disqualification from acting as a company director for up to 15 years.

The provision of property sales and letting

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

DWF—19 appointments

DWF—19 appointments

Belfast team bolstered by three senior hires and 16 further appointments

Cadwalader—Andro Atlaga

Cadwalader—Andro Atlaga

Firm strengthens leveraged finance team with London partner hire

Knights—Ella Dodgson & Rebecca Laffan

Knights—Ella Dodgson & Rebecca Laffan

Double hire marks launch of family team in Leeds

NEWS
In this week's NLJ, Steven Ball of Red Lion Chambers unpacks how advances in forensic science finally unmasked Ryland Headley, jailed in 2025 for the 1967 rape and murder of 75-year-old Louisa Dunne. Preserved swabs and palm prints lay dormant for decades until DNA-17 profiling produced a billion-to-one match
Charlie Mercer and Astrid Gillam of Stewarts crunch the numbers on civil fraud claims in the English courts, in this week's NLJ. New data shows civil fraud claims rising steadily since 2014, with the King’s Bench Division overtaking the Commercial Court as the forum of choice for lower-value disputes
Bea Rossetto of the National Pro Bono Centre makes the case for ‘General Practice Pro Bono’—using core legal skills to deliver life-changing support, without the need for niche expertise—in this week's NLJ
Charles Pigott of Mills & Reeve reports on Haynes v Thomson, the first judicial application of the Supreme Court’s For Women Scotland ruling in a discrimination claim, in this week's NLJ
The Supreme Court issued a landmark judgment in July that overturned the convictions of Tom Hayes and Carlo Palombo, once poster boys of the Libor and Euribor scandal. In NLJ this week, Neil Swift of Peters & Peters considers what the ruling means for financial law enforcement
back-to-top-scroll