Plans to change Malaysias leniency rules; and Australian insurers lap up smartwatch data

Published: July 8, 2022, 10:04 a.m.

The logic of leniency rules is rock-solid in the eyes of enforcers: Deals promising lighter sentencing can coax cartelists out of the woodwork and reveal otherwise undetectable anticompetitive agreements. But in Malaysia, leniency rules have been in place for eight years without a single successful application, sparking soul-searching about what changes are needed to make the rules work. Also on today\u2019s podcast: Why are insurers so keen to get their hands on fitness data generated by your smartwatch? Australia is pondering this very question, with data-driven discounts raising the question of whether those unwilling to hand over the data from a wearable device risk facing discrimination from insurers amassing new levels of information.