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Verisk's abandonment of EagleView deal preserves competition, says FTC's Feinstein

( December 17, 2014, 16:30 GMT | Official Statement) -- MLex Summary: In response to Verisk Analytics’ announcement that it would abandon plans to acquire EagleView Technology, the US Federal Trade Commission’s Deborah Feinstein said the decision preserves competition in the market for rooftop aerial measurement products used by the insurance industry to assess property claims. "A combination of the only two significant competitors in this market would have likely led to higher prices for both insurance companies and consumers,” said Feinstein. Statement follows in full. ...

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