An opt-out collective claim on behalf of over 20 million UK consumers has today been filed against the companies which own and operate the price comparison website CompareTheMarket.com.
The claim is based on a decision of the Competition and Markets Authority, which last year found that CompareTheMarket infringed competition law by using “wide most favoured nation clauses” in its contracts with a number of insurers.
The proposed class representative, Home Insurance Consumer Action Limited, contends that these wide MFNs also caused millions of consumers to pay higher prices for their home insurance.
The proposed class representative is represented by Josh Holmes QC, Ciar McAndrew and Antonia Fitzpatrick, alongside Tristan Jones. The counsel team is instructed by Nicola Boyle, Lucy Rigby and Luke Grimes of Hausfeld & Co. LLP.
The claim is further proof of Monckton Chambers’ status as the go-to set for collective proceedings, with members currently acting in Merricks, FX, Pride, Train Tickets, Trucks, Le Patourel, McLaren, and Coll.