UK Regulator To Review PPI Competition Remedies
By Nick Malinowski ( October 16, 2009, 5:28 PM EDT) -- Following an appeal by Barclays Bank PLC, the U.K. Competition Appeal Tribunal has quashed and remanded a Competition Commission decision to prevent banks from selling payment protection insurance to customers in concert with sales of credit or loans — an action the commission had ruled prevented stand-alone PPI distributors from effectively competing....
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