In September 2016, the Competition and Markets Authority (“CMA”) launched a Market Study into digital comparison tools (“DCTs”). On March 28, 2017, the CMA published an update on the Market Study setting out its preliminary findings and areas of focus for the second part of the Market Study. The CMA found that there were hundreds of DCTs operating in the UK, including five large providers: Compare the market, Confused, GoCompare, Moneysupermaket, and uSwitch (the “Big 5”). The CMA has identified a number of ways in which DCTs benefit competition and consumers. It has also found areas for improvement. The CMA aims to tackle these issues through remedies and enforcement action at the end of the Market Study, but without the need for an in-depth Market Investigation. The CMA’s research
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The UK Competition Authority publishes preliminary findings on price comparison websites
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