CNC conducted ‘incomplete economic analysis’ of cartel insurers
Improper economic analysis by Spain’s competition commission led it to wrongly find eight insurers guilty of price fixing, according to legal experts.
In 2009 Mapfre, Asefa and Caser of Spain, Swiss Re, Munich Re and Scor of France were fined $120m by the Comisión Nacional de la Competencia for fixing prices on building-defect coverage during the
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