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Polish Competition Authority: Appeal court upholds fine against PZU Życie for dominance abuse in market for employee group life insurance

( February 18, 2011, 14:23 GMT | Official Statement) -- MLex Summary: A Polish appeal court has upheld a 50-million-zloty fine imposed on insurance company PZU Życie, for abusing its dominant position in the market for employee group life insurance. PZU Życie required the consent of 75 percent of the workforce to allow the cancellation of a contract, whether or not a worker was party to the agreement. This clause made it difficult for employees to benefit from offers made by PZU Życie’s competitors.18.02.2011...

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