CMA to continue insurance price comparison website investigation

The CMA has confirmed that it has decided to continue the investigation into a price comparison website’s (PCW) use of certain ‘most favoured nation’ clauses in its contracts with home insurance providers.

In the context of PCWs, ‘most favoured nation’ clauses require the provider of a product  that wishes to offer their product on the PCW, to offer the product at the same or a lower price than that at which it is available on rival PCWs.

The investigation was opened in September 2017, in the light of evidence that came to the CMA’s attention during the course of its market study into digital comparison tools.

The CMA expects to take a decision as to whether to issue a statement of objections in September 2018.