Credit Hire Organisation boss discourages potentially costly Competition Commission investigation
The Credit Hire Organisation has said that referring the motor insurance study to the Competition Commission would be similar to using a "sledge hammer to crack a nut" and could cost millions of pounds to solve the "dysfunctional vehicle repair service" problem which adds just £10 to a consumer's policy.
The OFT revealed this morning that it will provisionally refer the report to the Competition Commission after suggesting that insurers care more about boosting revenues than finding quality vehicle
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