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UK urges carmakers to lift servicing restrictions

LONDON, Dec 17 (Reuters) - Britain's consumer affairs watchdog on Wednesday called on carmakers to end restrictions on where new cars may be serviced while under warranty.

The Office of Fair Trading (OFT) said that if carmakers did not comply, it might launch a formal investigation under European competition law.

Under existing arrangements, consumers could be losing out by up to 500 million pounds ($874 million) a year, the OFT said in a statement.

(Reporting by Mark Potter

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