Commission set to release report

The Competition Commission intends to issue the initial stage of its report on extended warranties in electricals retailing later this month.

The OFT referred the issue to the Commission last summer after it decided competition in the market was not 'working effectively and consumers were not adequately informed or protected'.

A spokeswoman for the Commission said it hopes to release an issue statement 'at some point this month'.

The statement will include 'a basic guide to the type of things that might remedy the situation'.