Facebook
Britain's News Portal
Around The Clock
BREAKING
Loading latest headlines…

Rightmove £1.5bn legal battle: Tribunal reserves judgment on agent inclusion

A Competition Appeal Tribunal has reserved judgment on a £1.5bn legal action against Rightmove, which could affect around 13,000 property businesses.

  • The legal action alleges Rightmove abused its market position by charging excessive fees.
  • The Tribunal will decide if businesses are automatically included or must opt-in.
  • Rightmove denies the allegations, calling the claim "without merit".

The Competition Appeal Tribunal has reserved judgment following a two-day hearing concerning a £1.5bn legal action against property portal Rightmove. The decision will determine whether approximately 13,000 estate agency and property businesses will be automatically included in the claim or required to register individually.

The hearing, held on 2 and 3 November, focused on whether the proposed collective action should proceed on an opt-out basis. Rightmove has challenged this approach, arguing that affected businesses are identifiable and capable of deciding whether to participate.

The claim alleges that Rightmove abused its dominant market position by charging excessive and unfair subscription fees and restricting competition. Rightmove strongly denies these allegations, stating the claim is "without merit" and that it will defend the proceedings vigorously.

Proposed class representative Jeremy Newman argued that requiring thousands of agents to sign up individually would make it harder for smaller businesses to pursue compensation. Newman's legal team also stated that the Tribunal questioned the practicality of contacting and encouraging around 13,000 businesses to participate in an opt-in action, reportedly describing it as a "significant task."

The claim covers subscription fees paid between 1 April 2020 and 1 April 2026.

Why this matters: The Tribunal's decision will determine the basis on which eligible businesses can participate in the £1.5bn legal action.

What this means for you: If you are an estate agency or property business that paid Rightmove subscription fees between 1 April 2020 and 1 April 2026, the Tribunal's decision will clarify whether you are automatically included in the proposed action or need to take steps to join it.

Related Articles

Get the news that matters.

Join thousands of readers getting the best of British news straight to their inbox.