The Competition and Markets Authority surprised many in the energy industry when it ruled in the summer that the “big six” suppliers had overcharged customers by about £1.7bn per year between 2010 and 2014.
But Alistair Phillips-Davies, chief executive of Scottish and Southern Energy, said the CMA had failed to prove its case, accusing it of substandard work.
In an interview with the Financial Times, Mr Phillips-Davies said: “[The CMA] have completely failed to substantiate the evidence they have got and I think they have overestimated what they have done. Their work is not of the highest quality, it is fair to say.”
Full content: The Financial Times
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