Competition Commission vows to push ahead on PPI
Work on introduction of competition measuers to go ahead despite appeal
The Competition Commission (CC) has published a draft order for consultation setting out how measures to introduce competition into the payment protection insurance (PPI) market will be implemented.
The measures were outlined when the CC published its final report into PPI in January this year, concluding that businesses that offer PPI alongside credit face little or no competition when selling PPI to their credit customers.
To address the lack of competition, the CC announced its intention to
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