Wave of insurer acquisitions threatens competition and consumer choice according to MTAA
The Motor Trades Association of Australia (MTAA) has applauded the Australian Competition and Consumer Commission (ACCC) for recognising the risks of consolidation in the motor insurance market but warned that allowing IAG’s proposed acquisition of RAC Insurance (RACI) in Western Australia would entrench a damaging trend, leaving motorists worse off. Already this year, the ACCC […]