PPI insurers off the hook
The Competition Commission has called off its investigation into payment protection insurers and those who both underwrite and distribute the products, saying their practices do not distort competition. The body published a consultation document inviting views on its current thinking on the nature of competition in the PPI business today.
This document sets out the CC’s emerging thinking on competition in the supply of all PPI (except store card PPI) to non-business customers in the UK on the basis of evidence analysed to date, as well
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