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Retailers pledge warranty action
Dixons, Comet and Argos, Britain’s three biggest electrical retailers, have promised the UK’s competition watchdog they will improve the transparency of the extended warranties market to avoid a full-blown investigation. The Office of Fair Trading said yesterday its third study in just over a decade of the extended warranties market found consumers may not be getting the best value for money. The three retailers have offered to improve the information they provide, including the availability of alternative warranty providers.