UK competition regulator starts enforcement action on certain housebuilders

(Reuters) – Britain’s competition watchdog said on Friday it would launch an enforcement action involving four of the country’s big housebuilders, saying they may have broken a consumer protection law in relation to leasehold homes.

The Competition and Markets Authority (CMA) said it was opening enforcement cases to focus on certain practices of Barratt Developments , Persimmon Homes, Taylor Wimpey and Countryside Properties .

(Reporting by Yadarisa Shabong in Bengaluru; Editing by Amy Caren Daniel)