Tribunal overturns point-of-sale PPI ban

In its judgment the Tribunal says the CC failed to take into consideration the loss of convenience for the consumer which would have resulted from the ban. It also said the methodology used by the Commission in quantifying the benefits expected from its remedies package was "defective". The Tribunal said: "We quash the Commission's decision to impose the point-of-sale prohibition (POSP) as part of its remedies package." It said the CC should reconsider its judgement but added it may simply reach the same conclusion and include the POSP again. A CC spokesman says: "The Competitio...