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Image header Agence Europe
Europe Daily Bulletin No. 10668
ÉCONOMY - FINANCE - BUSINESS / (ae) competition

Commission closes August 2010 investigation into P&I clubs

Brussels, 01/08/2012 (Agence Europe) - On Wednesday 1 August 2012, the European Commission closed the anti-trust investigation it began in August 2010 (see EUROPE 10201) into certain provisions accompanying claim-sharing and joint reinsurance agreements in the marine insurance sector to see whether they broke EU competition rules (market-fixing and abuse of dominant positions). The investigation focussed on the International Group Agreement (IGA) and the Pooling Agreement between the P&I...