The banking giant has taken the case to the Competition Appeal Tribunal and demanded that the CC report is referred back to the CC for new rulings, and payment of Barclay's costs by the Commission.
The report, published in January, covers payment protection insurance which provides repayments on an insured credit product if the borrower suffers an insured event, such as an accident, sickness, unemployment or death. Nearly 95% of PPI sold in the UK covers personal finance, credit cards and mortgages.
The Commission found that businesses which offer PPI alongside credit face little or no competition when selling PPI to their credit customers.
The Commission said consumers found it difficult to understand different policies and there were barriers to switching between policies.
The Commission decided it should prevent selling PPI at the credit point of sale and said there should be a requirement on all PPI providers prominently to disclose certain information regarding PPI.
Barclays has struck out at the decision to introduce a prohibition on distributors selling PPI at the credit point of sale and the findings that there is too little competition in the market.
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