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oligopoly | 7 years ago
For the person who downvoted OP was referring to the EU. Previously men paid less but when EU decided statistics are sexist now both pay the same higher amount. Yay for the consumer
oligopoly | 7 years ago
For the person who downvoted OP was referring to the EU. Previously men paid less but when EU decided statistics are sexist now both pay the same higher amount. Yay for the consumer
iguy|7 years ago
The best I could do in 5 minutes googling was newspapers complaining that, on average, men still pay more... because they drive (on average) further, in more expensive cars.
And rumours that they are setting the rates for different professions as a way to get around the rule... huge differences like this:
I had an idea that retirement annuities etc, which are a much bigger deal, were much more regulated & could only price based on a few numbers. But I don't have a link.oligopoly|7 years ago
The premise was that women would pay the same amount as men lowering the rate (Good thing). But for everyone who have followed politics knew it's not going to be a so simple. You have countless of examples where companies just skirt around the law and it end up hurting consumers.
Pretty much sums many EU decisions. On paper they can seem decent enough but in reality not so much. And women were affected as well as you might imagine low income families took the biggest relative hit.