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 raids, which took place early on Tuesday morning, were conducted by the European Competition Directorate and the state's competition watchdog,the Competition and Consumer Protection Commission(CCPC), and are reported to have involved 45 officers.
The CCPC, which initiated a probe into the insurance industry ...
