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Price comparison sites to be probed by watchdog
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Price comparison sites to be probed by watchdog
The Competition and Markets Authority (CMA) says it will look into the way price comparison websites, which enable consumers to compare products and services, operate. The watchdog says its reviews into private motor insurance, energy and banking have highlighted how these tools can boost competition. It says it wants to see how they can be used to maximise consumer benefits. But it will also consider concerns expressed about such services. Some people have raised concerns about certain issues, including whether consumers can trust the information on them. The CMA will focus on four sectors - broadband, home insurance, credit cards and flights - and will examine whether arrangements between these providers and the suppliers that sell through them might restrict competition......Source: Read more hereTags: None
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