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Gansu AIC holds talks with auto dealers, insurance companies on tie-in sales

( November 12, 2014, 04:42 GMT | Official Statement) -- MLex Summary: The Gansu Provincial Administration for Industry and Commerce on Nov. 6 held a meeting with 10 auto dealers and four insurance companies to discuss its investigation into the bundling of commercial insurance products with the sale of cars. The regulator found eight of the 13 dealers investigated were involved in the practice of forcing customers to buy designated insurance products when they purchased their cars.The full statement follows: ...

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