Web­site broke law

Western Daily Press (Saturday) - - News -

BRI­TAIN’S com­pe­ti­tion watch­dog has found that com­parethe­mar­ket.com is in breach of an­titrust law over its ar­range­ments with in­sur­ers, which could be re­sult­ing in higher costs for con­sumers.

Fol­low­ing an in­ves­ti­ga­tion, the Com­pe­ti­tion and Mar­kets Author­ity pro­vi­sion­ally found many of the price com­par­i­son web­site’s con­tracts in­clude so-called “most favoured na­tion” clauses.

They were found to pre­vent home in­sur­ers from quot­ing lower prices on ri­val sites and else­where.

Menna Fitzpatrick

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.