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UK: Ofgem alleges energy firms breached competition law

By  |  May 31, 2018

 

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    UK energy regulator Ofgem has alleged that energy suppliers Economy Energy and ‘E’ (Gas and Electricity), along with consultancy firm Dyball Associates, have breached competition law.

    The regulator has issued a statement of objections, under the Competition Act 1998, to the companies. It alleges Economy Energy, ‘E’ (Gas and Electricity) and Dyball Associates had an agreement that prevented the two suppliers “actively targeting” each other’s customers through face-to-face sales.

    Ofgem suggests the companies shared “commercially sensitive” information about their current customers, most of whom are prepayment customers.

    Both suppliers have fallen foul of Ofgem in the past, with Economy Energy currently under investigation over whether its marketing and telesales practices broke the rules, while E was fined £260,000 (US$345,794) in November last year over misleading sales practices.

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