Australia – ACCC Blocks Takeover of RAC Insurance
On 23 September 2026, the Australian Competition and Consumer Commission’s (ACCC) blocked Insurance Australia Group’s (IAG.AX) planned takeover of RAC Insurance. Background: takeover could reduce competition in the supply of motor vehicle insurance and home and contents insurance in Western Australia; takeover would result in a substantial increase in IAG’s market share and a significant […]
