Agents’ attempt to hit online main players unsuccessful

  • An attempt by Property Media Group Pty Ltd (PMG) – a group representing individual real estate agents offices from all over Australia – to challenge the market control of Domain and Realestate.com.au looks set to fall over.

The Australian Competition and Consumer Commission (ACCC) has issued a draft determination proposing to deny authorisation to PMG, which is seeking to collectively bargain and boycott suppliers of online and print real estate advertising, including the two main players.

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