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Direct Energy to pay $1 million to resolve competition concerns in Ontario water heater industry

( October 30, 2015, 15:38 GMT | Official Statement) -- MLex Summary: Canada's Competition Bureau on Friday reached an agreement with Direct Energy Marketing to resolve concerns that it restricted competition and limited consumer choice in Ontario’s residential water heater industry. Under the agreement, Direct Energy will pay a monetary penalty of $1 million and establish a corporate compliance program in the event it re‑enters the residential water heater market in Ontario in the next ten years. Statement follows in full. ...

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