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Housebuilders Accused of Price Fixing | Glasgow News

Housebuilders Accused of Price Fixing | Glasgow News

Published 3 days, 5 hours ago
Description

A massive class-action lawsuit is unfolding in Britain targeting seven major housebuilders, alleging they colluded to inflate home prices since 2015 — potentially costing buyers billions. The Competition and Markets Authority previously investigated secret data-sharing but settled with builders paying £100 million to housing and pledging to stop sharing intel. Now, lead plaintiff Mark McLaren says homeowners could each be owed £3,100 to £6,200, offering a rare chance for thousands to reclaim overpaid money — something most couldn’t tackle alone.

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