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Year: 2011
Date: 2 December, 2011
Offence Group: competition-related offences
Offence Type: price-fixing or anti-competitive practices
Violation Description: Six Insurance companies and two IT service providers made formal commitments to limit the data exchanged between them to prevent concerns it could violate competition law if used to coordinate on price.
Action Type: agency action
Settlement Type: Undertaking with the OFT
Agency: Office of Fair Trading
HQ Country of Parent: Ireland
Ownership Structure of Parent: publicly traded
Major Industry of Parent: miscellaneous services
Specific Industry of Parent: credit rating services
Source of Data: (click here)