Motor insurance inspections
July 6, 2017
On 4 July 2017, the European Commission confirmed that unannounced inspections had taken place at the premises of companies active in motor insurance in the Republic of Ireland. Officials from the European Commission and the Competition and Consumer Protection Commission (CCPC) carried out the unannounced inspections, following concerns by the European Commission that the companies involved may have engaged in anti-competitive practices in breach of EU antitrust law. These laws prohibit cartels and restrictive business practices and/or abuse of a dominant market position (Articles 101 and 102 respectively of the Treaty on the Functioning of the European Union).
The CCPC is not in a position to provide any information in relation to the European Commission’s investigation.
The CCPC currently has an ongoing active investigation into potential price signalling in the private motor insurance sector. More details about this investigation are available here.Return to News