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Npower And Sse Merger Could Push Up Gas And Electricity Bills, Says Competition Watchdog | The Independent

by independent.co.uk posted 3months ago 290 views
Energy giants told they have to address competition concerns or deal will be referred for full investigation. : Energy giants told they have to address competition concerns or deal will be referred for full investigation A planned merger between Npower and SSE could push up electricity prices for customers, the competition watchdog has warned. The Competition and Markets Authority (CMA) told the two energy giants they have to address its concerns or it will refer the deal for a full investigation. Several of UK’s “Big Six” gas and electric companies have come under fire in recent weeks after hiking prices.