The CMA has sent out letters to a number of estate and lettings agents warning that they may be at risk of breaking competition law. This follows the recent case where the CMA fined an association of estate and lettings agents, three of its members and a newspaper publisher over £735,000 for agreeing to restrict the advertising of fees or discounts in a local newspaper. In light of this case, the CMA has sent warning letters to a number of estate and lettings agents that it has reasonable grounds for suspecting have been involved in anti-competitive agreements to restrict the advertising of fees. Separately, the CMA has received complaints that other associations of estate agents and local newspapers may be engaging in similar practices, and is considering whether to take further action. Click here.