Rightmove hearing ends with reserved judgment on opt-out position
Summary
A Competition Appeal Tribunal hearing on a collective action against Rightmove has ended with judgment reserved on whether the case should proceed on an opt-out basis or require individual businesses to opt in. The claim alleges Rightmove abused its dominant position by charging excessive and unfair fees to estate agents, while Rightmove denies the allegations and says it will defend the case vigorously.
Why it matters
The case could affect the cost base and commercial terms faced by estate agents that rely on online property portals. It is also relevant to surveyors and property professionals who monitor competition issues, portal pricing and wider market conduct affecting transactional activity.
Key points
- Competition Appeal Tribunal has reserved judgment after a two-day hearing.
- The claim alleges Rightmove charged excessive and unfair fees to estate agents.
- Claimants argue opt-out is needed to make redress practical for affected businesses.
- Rightmove says affected businesses can decide individually whether to participate and denies the allegations.
- A compromise opt-in threshold for businesses spending more than £1m was proposed.
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