{"id":147322,"date":"2025-01-13T11:34:40","date_gmt":"2025-01-13T11:34:40","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=147322"},"modified":"2025-01-13T11:34:40","modified_gmt":"2025-01-13T11:34:40","slug":"cma-housebuilder-investigation-extended-evidence-insufficient","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/hr-skills-news\/cma-housebuilder-investigation-extended-evidence-insufficient\/147322\/","title":{"rendered":"CMA housebuilder investigation extended as conclusion not yet reached"},"content":{"rendered":"<h2>The Competition and Markets Authority has extended its investigation into several housebuilders for infringement of competition law<\/h2>\n<p>Launched in February last year, the CMA housebuilder investigation has been extended, having not reached a conclusion yet.<\/p>\n<p>The investigation is taking place into seven companies, including Barratt Redrow.<\/p>\n<h3>Competitively sensitive information may have changed hands<\/h3>\n<p>The nature of the investigation concerns the exchange of sensitive information that can affect competition.<\/p>\n<p>The suspicions were levelled at 8 housebuilders, including Barratt Developments and Redrow, who merged into Barratt Redrow in mid-2024.<\/p>\n<p>The other housebuilders under investigation are:<\/p>\n<ul>\n<li>Bellway<\/li>\n<li>The Berkeley Group<\/li>\n<li>Bloor Homes Limited<\/li>\n<li>Persimmon<\/li>\n<li>Taylor Wimpey<\/li>\n<li>Vistry Group<\/li>\n<\/ul>\n<p>The investigation was opened in February 2024 and ran until December. However, it has been deemed that there is not sufficient evidence to make a decision one way or the other.<\/p>\n<p>Now the process has been extended throughout January and to May 2025, where it will consider all further evidence and representations.<\/p>\n<h3>The CMA housebuilder investigation may be part of a trend<\/h3>\n<p>In September, the law firm CMS<a href=\"https:\/\/www.pbctoday.co.uk\/news\/hr-skills-news\/cms-report-says-cma-investigations-are-intensifying\/144029\/\" target=\"_blank\" rel=\"noopener\"> published a report highlighting a recent intensification<\/a> of CMA investigations, with an increase in not only investigations, but dawn raids.<\/p>\n<p>Since the Competition Act 1998 was introduced, the CMA has conducted 164 investigations and Competition Appeal Tribunal appeals. 50% resulted in an infringement decision.<\/p>\n<p>However, the stats skew slightly more when looking at construction companies only, showing that 88% of construction investigations have resulted in an infringement decision. Every construction case also saw a dawn raid.<\/p>\n<p>Following the trend of investigations, the <a href=\"https:\/\/www.pbctoday.co.uk\/news\/hr-skills-news\/barratt-redrow-2-5bn-merger-complete-this-week-despite-cma-concerns\/143018\/\" target=\"_blank\" rel=\"noopener\">CMA also told Barratt-Redrow last year<\/a> that they should resolve issues that their merging would cause in local competition. In August, they appeared to approve of their resolution, and allowed the merger to take place.<\/p>\n<p>Prior to that, the CMA <a href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/cma-anti-competitive-conduct\/133548\/\" target=\"_blank\" rel=\"noopener\">investigated suspicions of anti-competitive conduct<\/a> in chemical supplies for construction. This related to chemical admixtures and additives for things like concrete, mortar, and cement.<\/p>\n<p>Further details on how the CMA carries out Competition Act 1998 investigations can be <a href=\"https:\/\/www.gov.uk\/government\/publications\/guidance-on-the-cmas-investigation-procedures-in-competition-act-1998-cases\" target=\"_blank\" rel=\"noopener\">found here<\/a><\/p>\n<div class=\"mk-custom-module-container\">\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The CMA housebuilder investigation has been extended to March, as the evidence gathered so far is not enough to make an informed decision.<\/p>\n","protected":false},"author":32,"featured_media":147324,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[285],"tags":[34600,572],"stakeholder_rel_tag":[],"contributor_rel_tag":[],"class_list":{"0":"post-147322","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-hr-skills-news","8":"tag-cma","9":"tag-housebuilding"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v26.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>CMA housebuilder investigation extended as evidence insufficient<\/title>\n<meta name=\"description\" content=\"The CMA housebuilder investigation has been extended to March, as the evidence gathered so far is not enough to make an informed decision\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.pbctoday.co.uk\/news\/hr-skills-news\/cma-housebuilder-investigation-extended-evidence-insufficient\/147322\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CMA housebuilder investigation extended as conclusion not yet reached\" \/>\n<meta property=\"og:description\" content=\"The CMA housebuilder investigation has been extended to March, as the evidence gathered so far is not enough to make an informed decision\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.pbctoday.co.uk\/news\/hr-skills-news\/cma-housebuilder-investigation-extended-evidence-insufficient\/147322\/\" \/>\n<meta property=\"og:site_name\" content=\"Planning, Building &amp; 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