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    Housebuilders face potential £4.5 billion lawsuit

    3 weeks ago

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    A class action lawsuit is being prepared against seven major UK housebuilders, potentially seeking £4.5 billion in compensation for 700,000 new home buyers. The claim alleges anti-competitive behavior led to inflated prices for new builds. The case follows a CMA investigation into the sharing of sensitive pricing information among builders, impacting home buyers since 2015.
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