Hundreds of estate agents in the UK have backed legal action against Rightmove after the property site was accused of charging excessive and unfair subscription fees.
The case is being led by a former panel member for the Competition and Markets Authority, Jeremy Newman, who is seeking damages worth around £1.5bn.
The legal action was announced in November, but around 250 businesses across the UK have now expressed their interest in supporting it, according to the group behind the case.
The claim alleges that Rightmove abused its dominant position in the UK online property portal market by charging thousands of estate agents and new home developers excessive and unfair subscription fees.
Rightmove responded to the filing of the claim by saying it was “confident in the value we provide to our partners and consumers” with a platform that supports “market transparency, liquidity and confidence”.
“As one of the most efficient parts of the UK housing market, we help people across the UK to move home by bringing buyers, sellers, renters, landlords and agents together,” it said.
“This claim is without merit and we will defend it vigorously.”
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