Salem Radio Network News Monday, October 3, 2022

Business

Italy’s antitrust fines UnipolSai, Generali over unfair commercial practices

MILAN (Reuters) – Italy’s competition authority AGCM fined insurance groups UnipolSai and Generali 5 million euros ($5.10 million) each for allegedly carrying out unfair commercial practices, the authority said on Tuesday.

According to the watchdog, the two companies behaved in a way that considerably restricted the consumer’s freedom of choice with regards to compensation for motor insurance claims.

($1 = 0.9799 euros)

(Reporting by Claudia Cristoferi, editing Federico Maccioni)

Previous
Next

Editorial Cartoons

View More »

Steve Breen
Fri, Sep 30, 2022

X CLOSE