competition

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Utilities companies could be fined by the Competition and Markets Authority (CMA) if consumers are harmed by company practice under proposed powers to be handed to the watchdog.
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Ofgem has today (29 May) launched a consultation on its proposed framework for assessing whether market conditions facilitate "effective competition", in order for it to make a recommendation on the future of the price cap.
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The big six energy retailers are set to become the “big five” as the Competition and Markets Authority’s (CMA) has given the green light to the proposed merger between SSE Retail (SSE) and Npower.
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Giving evidence to the House of Commons’ environment, food and rural affairs select committee, which is conducting an inquiry into the regulation of the water industry, John Reynolds, the CEO of Castle Water said the first year of the non-domestic market liberalisation had been “hard work”.
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