Boliga.dk, one of Denmark's leading property platforms has been vindicated in the courts as the nation’s Competition Council levies fines against a number of agents who admit colluding to boycott the site.
The Danish Competitive Council found that there was a “hard core” violation of the country’s competition act.
The parties were ordered to terminate and abstain from any future agreements, decisions or practices which restrict individual estate agents' rights to allow Boliga.dk, or other property search portals, to show photos of their clients' properties.
Seven agencies were fined in the order of 12 million Danish krone (about £1.235 million) with five of them expected to pay up while the other two will be appealing,
The action is the culmination of a long-running legal fight which started in 2012 when the Danish Competitive Council claimed that over 65 per cent of the country’s estate agents, including its main industry trade body, were involved in anti-competitive boycott agreements against Boliga.dk.
The Global Competition Review publication at the time asserted the strategy was a deliberate attempt to diminish and possibly put out of business the privately-owned Boliga portal in favour of an agent-owned portal called Bolihsiden.