Emails, shared info show decades of price fixing among insurers – competition watchdog

The original article can be found here.

Article highlights:

  • Last year, the courts granted the Competition Commission permission to raid insurers after it submitted evidence of suspected collusion.
  • News24 filed a Promotion of Access to Information (PAIA) request to gain access to these court documents.
  • It reveals that the commission suspects that life insurers have been colluding to fix prices for decades, and presents emails between employees as evidence.