Thursday, April 26, 2018

Competition regulator refuses to back npower-SSE merger

Regulator says merger needs further scrutiny saying deal could spark higher energy bills

The npower-SSE merger could lead to higher consumer energy bills and warrants further scrutiny, the competition watchdog has said.

Sources at the firms, two of the big six energy suppliers, had expected the merger to get the go-ahead by the Competition and Markets Authority.

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from Mergers and acquisitions | The Guardian https://ift.tt/2Fi05b8

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