The UK Competition and Market Authority issues a report after its investigation on the payday lending market

United Kingdom: Payday Borrowers pay Price for Lack of Competition* A lack of price competition means that payday loan customers may be paying too much for their loans, according to provisional findings from the Competition and Markets Authority (CMA), published on 11 June 2014. In a summary of its provisional findings, the group of independent CMA Panel Members investigating this market says that the absence of price competition could be adding £

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European Competition Network Brief, The UK Competition and Market Authority issues a report after its investigation on the payday lending market, 11 June 2014, e-Competitions Bulletin June 2014, Art. N° 68680

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