OFT- refers the PPI market to the Competition Commission
The OFT has referred the UK payment protection insurance (PPI) market to the Competition Commission (CC) for further investigation. This decision comes after a period of public consultation following the OFT's earlier proposal to refer the PPI market to the CC on 19 October 2006.
During the consultation over 20 responses were received from parties including businesses, consumer organisations and trade associations. Having considered the views of respondents to the consultation
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