City Firms Must Step Up With New Antitrust Cop On The Beat

By Melissa Lipman (May 17, 2017, 10:48 AM EDT) -- Two years after gaining the power to enforce U.K. competition law, the Financial Conduct Authority is emerging as an antitrust watchdog to be reckoned with for insurers, banks and other regulated firms, as several brokers recently confirmed they were under investigation.

Five firms, including Aon PLC and Marsh Ltd., revealed in late April that their offices had been searched by FCA officials in a civil probe Marsh said focused on the sharing of competitively sensitive information among aviation insurance brokers.

The move marks the FCA's second competition enforcement action since it received the authority in 2015 to pursue antitrust cases along...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!