The EU Commission opens formal investigation into insurance provider to determine whether its access to a data pooling system may breach EU law competition rules (Insurance Ireland)

EU COMMISSION INVESTIGATES INSURANCE INFORMATION EXCHANGE* On May 14, the European Commission announced the opening of a formal antitrust investigation into Insurance Ireland to assess whether the conditions of access to its InsuranceLink data pooling system may restrict competition, in breach of EU rules. The investigation highlights antitrust authorities’ increasing focus on information sharing and data pooling, in particular in the context of online platforms, and will feed into the Commission’s upcoming review of its guidelines on horizontal co-operation agreements later this year. Background Insurance Ireland has almost 130 members representing 95% of the domestic market. Insurance Ireland and a task force of self-insuring companies created InsuranceLink to assist members in the

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  • Norton Rose Fulbright (Brussels)

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Jay Modrall, The EU Commission opens formal investigation into insurance provider to determine whether its access to a data pooling system may breach EU law competition rules (Insurance Ireland), 14 May 2019, e-Competitions Insurance, Art. N° 91152

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