NewsBot
20-Nov-20, 03:50
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
CMA Fines Comparethemarket £17.9m For Competition Law Breach - Perhaps Not So Comparable
The Competition and Markets authority has fined ComparetheMarket £17.9 million after it found that clauses used in the company's contracts with home insurers breached competition law. An investigation by the Competition and Markets Authority (CMA) has concluded that, between December 2015 and December 2017, the price comparison website ComparetheMarket breached competition law by imposing wide ‘most favoured nation' clauses on providers of home insurance selling through its platform. [Read Full Article (https://caithness-business.co.uk/article/12373)]
CMA Fines Comparethemarket £17.9m For Competition Law Breach - Perhaps Not So Comparable
The Competition and Markets authority has fined ComparetheMarket £17.9 million after it found that clauses used in the company's contracts with home insurers breached competition law. An investigation by the Competition and Markets Authority (CMA) has concluded that, between December 2015 and December 2017, the price comparison website ComparetheMarket breached competition law by imposing wide ‘most favoured nation' clauses on providers of home insurance selling through its platform. [Read Full Article (https://caithness-business.co.uk/article/12373)]