Competition authorities raid main motor insurance providers
The state's competition watchdog has been probing alleged price fixing in the sector
EU competition authorities have raided a number of insurance companies, brokers and representative bodies for the industry as part of an investigation into alleged price fixing in the sector.
The CCPC, which initiated a probe into the insurance industry at the end of last year, declined to comment on this morning's raids. They were welcomed by Sinn Féin's spokesperson on finance, Pearse Doherty, although he said they had come "late in the day".
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