Antitrust
Antitrust: Commission seeks feedback on commitments offered by Insurance Ireland concerning access to its data sharing platform
The European Commission invites comments on commitments offered by Insurance Ireland, an association of Irish insurers, to address competition concerns regarding access to its Insurance Link information exchange system. On 14 May 2019, the Commission opened a formal investigation into Insurance Ireland's conduct. In June 2021, the Commission issued a Statement of Objections outlining its preliminary view that Insurance Ireland had breached EU antitrust rules by restricting competition in the Irish motor vehicle insurance market. To address the Commission's concerns, Insurance Ireland has offered the following commitments: (i) to make the access to the Insurance Link information exchange system independent from any membership to Insurance Ireland; (ii) to change the access criteria to Insurance Link and make them fair, objective, transparent and non-discriminatory; (iii) to establish a new Insurance Link application procedure with a defined timeline that will be handled by an independent Application Officer; (iv) to establish a cost and usage based fee model and to ensure that a fair, transparent, and non-discriminatory fee will be charged to Insurance Link users; (v) to ensure that the criteria for becoming member of the Insurance Ireland association will be fair, objective, transparent and non-discriminatory. The offered commitments would remain in force for 10 years. The Commission invites all interested parties to submit their views within one month from the publication of a summary of the commitments in the Official Journal. The full text of the commitments will be available on DG Competition's website. A press release is available online.
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