UK CMA must accurately represent reality of energy market, say SSE, Npower
( September 26, 2018, 11:44 GMT | Official Statement) -- MLex Summary: SSE and Npower have welcomed the UK Competition & Markets Authority’s decision to provisionally clear their merger, but said the regulator must ensure it accurately represents the competitive constraints on the country’s energy market. Responding to the CMA’s provisional findings, the companies said it should pay heed to the extent that media scrutiny has an impact on customer switching, as well as the extent to which fixed-term contracts drive engagement among customers who are on default tariffs.The letter is attached....
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