Re: Loyalty penalties to be banned.Car & Home insurance.
Quote:
Originally Posted by Paul
How is this going to save customers anything ?
All that will happen is they no longer discount new customers, so everyone will pay the higher prices. Great for the complanies, not for the customers.
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I had assumed that there would still price comparison sites and that companies would still need to compete for customers?
Surely that competition will temper price hikes. Or am I being very naive?
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