The UK Competition Authority negotiates an agreement limiting the exchange of pricing data among car insurers (Motor Insurers)

This article is the winner for business category, general antitrust section of the 2012 Antitrust Writing Awards. Click here to read more about the Antitrust Writing Awards. Summary Britain’s Office of Fair Trading (the UK consumer and competition authority) has negotiated an agreement that would limit the exchange of pricing data among car insurers. This proceeding is especially significant because it targeted an information exchange carried out through third-party software that was developed for brokers who run online consumer shopping sites. The software allowed insurers to see each others’ confidential pricing information without any direct communications. The OFT settlement agreement will almost certainly be a blueprint for future enforcement action against pricing exchanges in

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

  • Akin Gump Strauss Hauer & Feld (Washington)
  • Bona Law (New York)

Quotation

David S. Turetsky, Steven Levitsky, The UK Competition Authority negotiates an agreement limiting the exchange of pricing data among car insurers (Motor Insurers), 13 January 2011, e-Competitions Bulletin Commitment Decisions, Art. N° 45022

Visites 264

All issues

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