UK: Water cos, regulators finally agree on license changes, open doors to competition
The UK’s Water Services Regulation Authority, also known as Ofwat, has reportedly met an agreement with all 20 of England and Wales’ water companies over the Section 13 legislative changes. The change proposals concern the introduction of retail competition into the water sector from 2015 through 2020; of particular concern among the companies, say reports, was a certain clause included by Ofwat that required the companies to work with Ofwat to establish their own price controls for future wholesale endeavors. As a result of all parties agreeing to the Section 13 license changes, the issue will not be referred to the Competition Commission.
Full Content: Utility Week
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Google and South Carolina Clash Over State Records Demand
May 8, 2024 by
CPI
Telefonica Germany Teams Up with Amazon Web Services to Migrate 5G Customers
May 8, 2024 by
CPI
Federal Judge Grants $7.4 Million Settlement in Pork Price-Fixing Case
May 8, 2024 by
CPI
Wilson Sonsini Bolsters Antitrust and Competition Practice with Key Partner Returns
May 8, 2024 by
CPI
EU to Scrutinize Telecom Italia’s Network Sale to KKR
May 8, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI