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Restrictions of competition on insurance markets and the applicability of EC antitrust law

Restrictions of competition on insurance markets and the applicability of EC antitrust law

Authors :
Faure, Michael
Bergh, Roger van den
Source :
KYKLOS. Spring, 1995, Vol. 48 Issue 1, p65, 21 p.
Publication Year :
1995

Abstract

The exemption of the insurance industry from EC antitrust rules will not ease the existing restrictions on fair competition. Under present economic conditions such an exemption would stand in the way of a common insurance market, hindering further liberalization and undermining the success of reforms in the industry. Policy-makers should recognize the self-interest with which existing insurance companies fought for the exemption and take steps to force more informational symmetry in the field.

Details

ISSN :
00235962
Volume :
48
Issue :
1
Database :
Gale General OneFile
Journal :
KYKLOS
Publication Type :
Academic Journal
Accession number :
edsgcl.17286728