The Mauritius Competition Authority follows the UK Competition Authority’s lead in examining banks’ practices in the payment protection insurance and credit life insurance sector (Bank One / Barclays Bank)

Given burgeoning competition law regimes in Africa, international and local African lenders, as well as retailers extending credit, will have to reconsider their approach to offering credit life insurance with their loans in many African jurisdictions. This is evident from recent judgments by the Competition Commission of Mauritius. The Mauritian Competition Commission has found that eight banks abused their monopoly positions by preventing competition through selling decreasing

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Authors

  • Norton Rose Fulbright (London)
  • Bowmans (Johannesburg)
  • Norton Rose Fullbright (Sydney)

Quotation

Martin Coleman, Heather Irvine, Nick McHugh, The Mauritius Competition Authority follows the UK Competition Authority’s lead in examining banks’ practices in the payment protection insurance and credit life insurance sector (Bank One / Barclays Bank), 30 November 2012, e-Competitions November 2012, Art. N° 72332

Visites 134

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues