The European Commission holds that investigation into German insurance industry did not reveal sufficient threat of foreclosure through tied agents (BIPAR)

"Complaint against German insurers withdrawn after Commission preliminary investigations did not reveal sufficient threat of foreclosure through tied agents"*Introduction On 6 October 2003, the European Federation of Insurance Intermediaries, BIPAR, withdrew its complaint against German insurers Allianz Versicherungs AG, Colonia Versicherungs AG (today AXA Versicherung AG) and the Hamburg-Mannheimer Versicherung AG (today part of the Ergo insurance group) (‘the three insurers’). The complaint alleged that the exclusive ties or non-compete clauses in the agreements between the three insurers and their agents were in breach of Article 81(1) of the EC Treaty, by contributing to a cumulative foreclosure effect on the German mass (private) insurance market. The withdrawal of the complaint

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  • University of Oxford

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Julia Patrick, The European Commission holds that investigation into German insurance industry did not reveal sufficient threat of foreclosure through tied agents (BIPAR), 6 October 2003, e-Competitions October 2003, Art. N° 36903

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