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competition

Other News

Competition watchdog to ‘set cap for low-income household energy costs’

Millions of vulnerable households could see their gas and electricity bills slashed under plans expected to be unveiled on Thursday in a long-awaited report into Britain’s energy sector. The Competition and Markets Authority (CMA) will publish its “provisional decision on remedies” after a two-year investigation amid reports that it is likely to set a price cap for low income and vulnerable customers who have pre-payment meters - around 16% of households.

Oil & Gas

Ukraine fines Gazprom $3.5billion

The head of Ukraine's competition authority said it has decided to fine Gazprom $3.5billion for abusing its monopoly on the Ukrainian gas market.

Oil & Gas

CMA highlights competition concerns in North Sea oil and gas industry

The chief executive of the Competition and Markets Authority (CMA) has written to energy secretary Amber Rudd raising concerns over competition in the North Sea oil and gas industry. The CMA has warned the Department of Energy and Climate Change (DECC) that plans to establish the Oil and Gas Authority (OGA) could lead to information exchanges which may harm competition.