Report Calls for End of Commission ‘Price Setting’

UExpress, Jan. 7, 2022–Lew Sichelman
The study of more than 10,000 sales in the eastern United States found that agent commissions are “highly uniform.” But while stopping just short of saying rates are fixed, the report’s author, Stephen Brobeck, told reporters during a telephone news conference that “if rates are all similar, clearly there is price setting going on.”