'David & Goliath. The Fire Offices Committee and non tariff competition, 1898-1907' in O M Westall (ed), The Historian and the Business of Insurance

Topics:

  • Name Competition, collusion, monopoly & cartels inc competition policy & regulation
  • Name Business interest representation & co-operation

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Focuses on premium rate fixing aspects of the Committee's work, explaining how fixing worked and the extent to which the industry could control market levels in a period when it was subjected to competitive pressure as a result of reduction in costs. In such an environment explores whether cost reduction was passed on to customers in reduced premiums or directed to increased profits thereby providing a measure of collusive power