Oireachtas Joint and Select Committees
Thursday, 15 September 2016
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Rising Cost of Motor Insurance: Discussion (Resumed)
11:00 am
Seán Sherlock (Cork East, Labour) | Oireachtas source
I want to come at the data issue from a different angle. Let us start at the beginning, because the CCPC has said it is going to open up an investigation into, to use Ms O'Leary's term, the issue of pricing predictions or intentions that "may result in a degree of unspoken co-ordination". What does the expression "unspoken co-ordination" mean, in layman's terms? Could the witness speak to the punter who has seen a 50% increase in their insurance premium? What does "unspoken co-ordination" mean?
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