Competition watchdog sets rules for comparison sites

clock • 1 min read

The Competition and Markets Authority (CMA) has published its final report following a market study into the use of price comparison sites and other apps.

The year-long examination found these sites offer a range of benefits, including helping people shop around by making it easier to compare prices and forcing businesses to up their game. Where sites are not working in people's best interests, however, the CMA said it was taking action. As part of this, it is opening a competition law investigation into how one site has set up its contracts with insurers, because it suspects this may result in higher home insurance prices. The CMA has set rules for all sites on issues such as communicating how they plan to use people's personal data an...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

Updated: Failed financial advice firms tracker

Updated: Failed financial advice firms tracker

Firms that the FSCS has confirmed as failed since the start of 2023

Professional Adviser
clock 08 October 2025 • 1 min read
FCA: Fair value in advice 'not about charging the lowest fees'

FCA: Fair value in advice 'not about charging the lowest fees'

Consumer investments department head says it should not be a ‘race to the bottom’

Sahar Nazir
clock 03 October 2025 • 2 min read
FCA commits to Consumer Duty changes to 'remove disproportionate burdens'

FCA commits to Consumer Duty changes to 'remove disproportionate burdens'

CEO Nikhil Rathi sets out four-point plan

Michael Nelson
clock 01 October 2025 • 3 min read