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UK: CMA lays out scope of SSE/Npower merger inquiry

By  |  May 29, 2018

Britain’s competition regulator on Tuesday set out more detail about what it intends to examine in its investigation of the tie-up between the retail power units of energy companies SSE and Innogy’s Npower.

The Competition and Markets Authority said earlier this month it had launched in-depth investigation into the tie-up between the companies, saying it may reduce competition and increase prices for some households.

The CMA will also consider any implications arising from plans for a larger asset swap between Innogy’s parent company RWE and E.ON, which also has a British retail energy business.

The CMA will also look at the potential impact on British independent energy supplier Utility Warehouse, which has around 600,000 customers and relies on Npower for is gas and electricity supplies.

Full Content: Reuters

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