ComCom to file appeal against real estate price fixing decision

The commission says the court’s decision raises significant legal issues that merit an appeal

ComCom to file appeal against real estate price fixing decision
The Commerce Commission has announced its intention to file a notice of appeal against the High Court’s decision to dismiss the commission’s case against two real estate agencies and their directors for alleged price fixing.

Last month, the High Court dismissed the case against Lodge and its director Jeremy O’Rourke, and Monarch (trading as Harcourts Hamilton) and its director Brian King.

The commission alleged they were part of an anti-competitive price fixing agreement with other Hamilton real estate agencies in relation to Trade Me changing its property listing fee.

Commerce Commission chair Mark Berry said the court’s judgement raises significant legal issues that merit an appeal in this case.

The notice of appeal will be filed in Wellington’s Court of Appeal.


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