HC Deb 02 June 1967 vol 747 cc84-5W
Mr. Edelman

asked the President of the Board of Trade if he will make a statement on the Report of the Monopolies Commission on International Motor Insurance cards.

Mr. Jay

The report was published this morning. The Commission has found that monopoly conditions prevail in the provision in the United Kingdom of third party insurance in connection with the use of vehicles abroad.

The Commission has concluded that the arrangement whereby insurers charge uniform prices for the issue of International Motor Insurance Cards (green cards) operates against the public interest; it has recommended that the members of the Motor Insurers' Bureau should terminate this arrangement forthwith and should not subsequently adopt any similar procedure.

I accept the Commission's conclusion and I am inviting the members of the Motor Insurers' Bureau to discuss with my Department the implementation of the recommendation.