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You can't trust the price-comparison market, as iSelect's $8.5 million fine shows

  • Written by Bruce Mountain, Director, Victoria Energy Policy Centre, Victoria University
You can't trust the price-comparison market, as iSelect's $8.5 million fine showsShutterstock

The record A$8.5 million fine imposed on iSelect in Australia for false and misleading conduct confirms the appalling state of the commercial price-comparison market.

The company promises to help consumers save money by cutting through the confusing pricing structures in energy, home insurance, credit cards and phone plans, among other...

Read more: You can't trust the price-comparison market, as iSelect's $8.5 million fine shows