Friday 1 June 2012

ROAD TRAFFIC INSURERS

Some should be seriously worried about the OFT intention to refer the repair/credit hire market to the Competition Commission. John Fingleton at the OFT is the most effective Chief Exec i can think of in Government.
IF evidence of price -fixing came to light then , on the crininal front , we have a conspiracy to pervert the course of justice and to defraud , whilst massive penalties based on turnover (not profit ) can be imposed.