On 14 December 2010, the UK’s Office of Fair Trading (OFT) announced that it is to undertake a study of competition in the UK private healthcare market. Such studies, which typically last for 6-12 months, can lead to the OFT making recommendations to government on how competition could be improved and/or a full market investigation reference to the Competition Commission (CC).
Antitrust
EU: Commission Announces Investigation into International Group of P&I Clubs
On 26 August 2010, the European Commisson (the Commission) opened a competition investigation into the maritime insurance sector, in particular the agreements between the Protection & Indemnity (P&I) Clubs within the International Group of P&I Clubs (the International Group), a worldwide association of thirteen P&I Clubs. …
Third Circuit Revives Limited Portions of In Re: Insurance Brokerage Antitrust Litigation (MDL 1663)
Nearly three years after a federal district court dismissed with prejudice a nationwide class action alleging antitrust and RICO claims against insurers and brokers in connection with contingent commission arrangements, the Third Circuit Court of Appeals has revived a limited swath of plaintiffs’ claims. The Third Circuit concluded that plaintiffs’ allegations regarding contingent commission arrangements alone were insufficient to support antitrust and RICO claims. …
Connecticut Supreme Court Limits Attorney General’s Power to Disclose Documents Subpoenaed from Insurer
Last week, the Connecticut Supreme Court issued a ruling in which it placed several restrictions on the uses that the Connecticut Attorney General (AG) may make of documents subpoenaed from a Florida-based insurer during an antitrust investigation. …
EU/UK: Presentation by Eithne McCarthy – the new Insurance Block Exemption Regulation
Eithne McCarthy, from the Financial Services Unit of the European Commission’s Competition Directorate General (DG Comp), made a presentation on the new Insurance Block Exemption Regulation (BER) to the Law Society’s Competition Section on 13 April 2010. …
EU: European Commission Adopts New Competition Block Exemption Regulation for the Insurance Sector
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House Introduces Health Insurance Bill to Repeal Antitrust Exemption
On Monday, February 22, Representatives Tom Perriello (D-Va.) and Betsy Markey (D-Colo.) introduced H.R. 4626, the Health Insurance Industry Fair Competition Act, to repeal the McCarran-Ferguson Act antitrust exemption for the business of health insurance. …
United States Federal Trade Commission Lowers Pre-Merger Filing Thresholds
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EU: Revised Draft Block Exemption Regulation (BER) for Insurance Sector – End of Consultation Period Looming
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EU: Revised Draft Block Exemption Regulation (BER) for Insurance Sector
On 5 October the European Commission (the Commission) published its revised draft BER for the insurance sector. …