CMA's Compare the Market fine overturned after tribunal finds 'no reliable evidence' for alleged harms
A £17.9m fine imposed on Compare the Market in 2020 has been overturned by a tribunal that found the Competition and Markets Authority did not present sufficient evidence for the anti-competitive effects it alleged.
The fine followed an investigation opened in 2017 and related to Compare the Market’s use of wide most-favoured nation clauses in its contracts with 32 home insurance providers between 2015 and 2017.
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