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UK: Comparison sites questioned in price fixing probe

By  |  June 4, 2015

MoneySupermarket.com and uSwitch.com have been asked to submit information to energy regulator Ofgem as part of an investigation into possible price fixing.

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    MoneySupermarket and uSwitch’s new parent company Zoopla have, as a result, seen their share prices drop since yesterday by around 10% and 5% respectively.

    “Ofgem has opened an investigation into whether two or more companies providing a supporting service for the energy industry have breached competition law,” revealed MoneySupermarket in an announcement on its website.

    Full content: Western Morning News

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