The UK Competition Authority launches a consultation on its intention to accept binding commitments to modify a data exchange tool used by motor insurers (Motor Insurers)

The European Commission’s revised Guidelines on Horizontal Cooperation have met with mixed reactions from practitioners and businesses, especially insofar as information exchange is concerned. However, a decision of the UK Office of Fair Trading (“OFT”) applying the new Guidelines gives a refreshingly pragmatic outcome to a case involving widespread sharing of sensitive information in the UK insurance sector. Despite the sensitivity of the information being exchanged by insurance companies, the OFT decided to use structural commitments, as opposed to fines or other forms of punishment, to remedy the situation. This short article describes the history of the case, explains its outcome and provides a detailed analysis of the key issues involved. The background to the case In January

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Grant McKelvey, The UK Competition Authority launches a consultation on its intention to accept binding commitments to modify a data exchange tool used by motor insurers (Motor Insurers), 13 January 2011, e-Competitions January 2011, Art. N° 36466

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