Appeal Court finds Hamilton real estate agents fixed prices

Fri, 23 Nov 2018

By Paul McBeth Nov. 23 (BusinessDesk) - The Court of Appeal has overturned an earlier ruling, finding some Hamilton real estate agents colluded with their rivals to fix prices. The Commerce Commission successfully appealed a High Court ruling last year dismissing claims that an arrangement between Hamilton agencies amounted to price fixing. The Lodge and Monarch agencies and their respective directors Jeremy O’Rourke and Brian King were the hold-outs on a 2015 case brought by the antitrust regulator when realtors agreed to pass on increa...

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