NEW YORK--(BUSINESS WIRE)--Since the Energy Supply Probe was published in 2008, competition in the British gas and electricity markets has been under intense scrutiny. The British energy regulator and competition authorities are planning to publish their initial assessment of competition in the market before the end of the month. The assessment is the first stage in what could turn into a formal market inquiry.
In the new issue of NERA Economic Consulting’s Energy Market Insights newsletter, Director Sean Gammons, Associate Director Frank Maier-Rigaud and Senior Consultant George Anstey show that the evidence for the widely-repeated argument that the industry is not competitive is limited. They also highlight that poorly designed regulatory interventions have been counter-productive.
Energy Market Insights can be viewed here on NERA’s website.
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