SV650.org - SV650 & Gladius 650 Forum



Idle Banter For non SV and non bike related chat (and the odd bit of humour - but if any post isn't suitable it'll get deleted real quick).
There's also a "U" rating so please respect this. Newbies can also say "hello" here too.

Reply
 
Thread Tools
Old 30-09-15, 02:36 PM   #1
Bibio
Member
Mega Poster
 
Bibio's Avatar
 
Join Date: Jul 2008
Location: here as devil's advocate
Posts: 11,539
Default United Kingdom competition law

i was under the impression that no insurance company could have a monopolization on services in the EU.. am i wrong?
Bibio is online now   Reply With Quote
Old 30-09-15, 03:21 PM   #2
punyXpress
Member
Mega Poster
 
punyXpress's Avatar
 
Join Date: Feb 2008
Location: Riding, North
Posts: 2,664
Default Re: United Kingdom competition law

Only if it's UK ?
__________________
Was: K2 naked in rapid yellow - gone to a better? place
Now: Street Triple R
punyXpress is offline   Reply With Quote
Old 30-09-15, 04:05 PM   #3
Bibio
Member
Mega Poster
 
Bibio's Avatar
 
Join Date: Jul 2008
Location: here as devil's advocate
Posts: 11,539
Default Re: United Kingdom competition law

yup its the uk
Bibio is online now   Reply With Quote
Old 30-09-15, 06:11 PM   #4
littleoldman2
Member
Mega Poster
 
littleoldman2's Avatar
 
Join Date: Jun 2011
Location: Cramlington Northumberland where we are truely blessed
Posts: 1,385
Default Re: United Kingdom competition law

It depends how they came to have the monopoly. If the competition withdrew their products due to lack of profit whilst in fair competition what can the government do.
__________________
used to be littleoldman but forgot password due to failing memory
littleoldman2 is offline   Reply With Quote
Old 30-09-15, 06:50 PM   #5
Bibio
Member
Mega Poster
 
Bibio's Avatar
 
Join Date: Jul 2008
Location: here as devil's advocate
Posts: 11,539
Default Re: United Kingdom competition law

in Scotland we have such a thing as 'bond of caution'. by law we have to buy this via an insurance company. there are only two insurance companies that deal with this. royal sun alliance and zurich but only one of them will deal with the public (zurich). due to zurich being the only insurance company that will deal with private individuals and it being law that you need a bond of caution then i would say that its a monopoly. the way i see it if its law that you must have it and there is no competition then the law should be revoked.

to me this is like having only one car insurance company that the public can go to.
Bibio is online now   Reply With Quote
Old 30-09-15, 06:59 PM   #6
Spank86
Guest
 
Posts: n/a
Default Re: United Kingdom competition law

There's a petition at the moment to have the law revoked so you wouldn't need one. There was an official law review 5 years ago that suggested it was utterly pointless and should be scrapped but as yet your Scottish Parliament haven't decided to do anything about it.
  Reply With Quote
Old 30-09-15, 07:08 PM   #7
Bibio
Member
Mega Poster
 
Bibio's Avatar
 
Join Date: Jul 2008
Location: here as devil's advocate
Posts: 11,539
Default Re: United Kingdom competition law

i dont think its pointless having the bond but i do think that if the law society wants this law then they should make other arrangements or take it out the hands of insurance companies and regulate the solicitors on behalf of the public. a fixed one off fee paid to the courts would be sufficient for a fund purse to be raised like the uninsured drivers fund.
Bibio is online now   Reply With Quote
Old 01-10-15, 09:18 AM   #8
shiftin_gear98
Member
 
shiftin_gear98's Avatar
 
Join Date: Mar 2013
Location: At home
Posts: 756
Default Re: United Kingdom competition law

RSA........................


*******s!!


Sorry nothing to do with your post. Does sound unjust though.
__________________
Currently driving a Corsa....
shiftin_gear98 is offline   Reply With Quote
Old 01-10-15, 05:05 PM   #9
Spank86
Guest
 
Posts: n/a
Default Re: United Kingdom competition law

Quote:
Originally Posted by Bibio View Post
i dont think its pointless having the bond but i do think that if the law society wants this law then they should make other arrangements or take it out the hands of insurance companies and regulate the solicitors on behalf of the public. a fixed one off fee paid to the courts would be sufficient for a fund purse to be raised like the uninsured drivers fund.
Well, the review found that it was more or less pointless. I'm not going to search for it but they recommended just removing it same as it's been removed for spouses.

Balls in your parliaments court but they don't fancy tinkering,
  Reply With Quote
Old 01-10-15, 05:10 PM   #10
Bibio
Member
Mega Poster
 
Bibio's Avatar
 
Join Date: Jul 2008
Location: here as devil's advocate
Posts: 11,539
Default Re: United Kingdom competition law

problem is like most parliaments.. they are run by lawyers turned politicians.
Bibio is online now   Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Sexy people re-united! Soho January Friday 13th monkey Soho Massive 19 16-01-12 02:17 AM
Indiana Jones and the Kingdom of the Crystal Skull Kinvig Idle Banter 1 10-09-07 01:00 PM
anyone a newcastle united supporter? Quiff Wichard Idle Banter 14 20-04-07 04:17 PM
United Nations Exhaust Noise Cuts jimmy4237 Bikes - Talk & Issues 13 31-07-06 09:19 PM


All times are GMT. The time now is 01:25 PM.


Powered by vBulletin® - Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.