Energy firms face competition inquiry

Name: Energy firms face competition inquiry
Uploaded: 2014-03-27T13:42:25.000Z
Duration: 2 min 54 s
Description: There is to be a major investigation into the UK's "big six" energy suppliers, amid concerns over the cost of gas and electricity bills.

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Regulators will investigate whether the "big six" UK energy suppliers prevent effective competition in the UK energy market.

A report by regulator Ofgem has called for an investigation by the Competition and Markets Authority (CMA) which could take 18 months.

John Moylan reports.

27 March 2014