Published by Global Banking and Finance Review
Posted on October 30, 2025
1 min readLast updated: January 21, 2026
Published by Global Banking and Finance Review
Posted on October 30, 2025
1 min readLast updated: January 21, 2026
The UK Competition Authority settled with major housebuilders over antitrust concerns, securing commitments for compliance and affordable housing contributions.
(Reuters) -Britain's competition watchdog on Thursday said it had accepted binding commitments from seven housebuilders, including Barratt Redrow, Persimmon and Taylor Wimpey to settle an investigation into potential anticompetitive behavior.
The housebuilders - along with Bellway, Berkeley Group, Bloor Homes and Vistry - had committed to a combined 100-million-pound ($134.21 million) payment to affordable housing programs in July to address the regulator's concerns.
The companies had also agreed to refrain from sharing sensitive pricing information with peers and work with industry bodies to develop guidance on information sharing and introduce enhanced compliance measures.
The CMA formally closed its probe on Thursday without determining whether competition law had been violated.
($1 = 0.7451 pounds)
(Reporting by Yamini Kalia in Bengaluru; Editing by Leroy Leo)
Antitrust refers to laws and regulations designed to promote competition and prevent monopolies in the marketplace, ensuring fair trading practices and protecting consumers from anti-competitive behavior.
A competition watchdog is a regulatory body that monitors and enforces laws related to market competition, ensuring that businesses do not engage in practices that harm consumers or stifle competition.
Binding commitments are legally enforceable agreements made by parties involved in a regulatory investigation, often to rectify issues or concerns raised by regulatory authorities.
Sensitive pricing information refers to confidential data regarding a company's pricing strategies that, if shared with competitors, could lead to anti-competitive practices and undermine market fairness.
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