The US Department of Justice’s (DOJ’s) antitrust division has withdrawn three enforcement policy statements that provided important guidance on the exchange of competitively sensitive information through third parties. In an article for Insurance Day, partners Linda Cenedella, Ryan Kantor, Noah Kaufman, William McEnroe, and Daniel Savrin cover the DOJ’s actions and implications for insurers, concluding that “insurers that participate in certain types of market benchmarking activities – which may include, among other things, the use of artificial intelligence, pricing algorithms, or other advanced marketing tools – should evaluate with antitrust counsel whether and to what extent their participation in these activities is advisable.”
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