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MPPI referred to Competition Commission

  • By Emily Perryman
  • 07 February 2007
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The Office of Fair Trading has referred the payment protection insurance market, including mortgage PPI, to the Competition Commission for further investigation following its consultation with businesses, consumer organisations and trade associations.

John Fingleton, chief executive of the OFT, says examination of the evidence received following the OFT’s proposal to refer the PPI market to the commission in October gives it reasonable grounds to suspect...

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