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Rightmove users have been warned they may have been stung with "excessive fears". The property portal is set to face legal action over accusations that it charges unfair and excessive fees to thousands of UK estate agents.

A group making a claim against the property website estimated that damages could total around £1 billion. The case, which is being led by former panel member for the UK’s competition watchdog Jeremy Newman, is due to be brought to the Competition Appeal Tribunal.

Mr Newman said the claim will “seek to return the overpaid fees to estate agents across the country”. He accused the firm of actions that “exploits its dominance of the online property portal market in the UK to charge excessively and unfairly high subscription fees, both at face value and when com

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