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ACCC Flags Competition Risks in IAG’s Bid for RAC Insurance WA

9:18am on Thursday 4th of September, 2025 AEST Financials
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ACCC Flags Competition Risks in IAG’s Bid for RAC Insurance WA

9:18am on Thursday 4th of September, 2025 AEST
Key Points
  • ACCC warns acquisition may lessen competition in WA motor and home insurance markets
  • RAC Insurance holds leading market share in Western Australia
  • Concerns over potential premium increases and reduced product quality
  • Possible restriction of rival insurers’ access to repair services
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