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Vehicle insurance firms fined for allegedly fixing car repair prices

Vehicle insurance firms fined for allegedly fixing car repair prices Two vehicle insurance firms have agreed to pay a fine in a settlement agreement but investigations into five other firms are still ongoing. The Namibian Competition Commission has fined insurance firms, Santam Namibia and Hollard Insurance Company of Namibia, N$20.5 million for alleged “unintentional” price fixing, related to vehicle repair work, in a settlement agreement. The settlement agreement still needs to be made an...
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