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Denmark’s non-life insurance market could be first subject of new market probe tool

( April 4, 2025, 11:44 GMT | Official Statement) -- MLex Summary: The sector for insurance against damage could see the Danish competition authority start its first-ever market probe, to shed light into whether there is a form of tacit price coordination. The exercise is expected to cover insurers’ setting of premiums and other policy terms. But before opening a probe, the watchdog wants to seek input on the need and scope for such an investigation. The tool, introduced last year, gives the watchdog the chance to issue orders to change behavior. The deadline for feedback is April 29.Statement follows (in Danish). ...

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