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‘61% of Brits to switch suppliers after high bills’
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Under the proposals, the Competition and Markets Authority will receive new powers to decide if consumer law has been broken by companies
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The competition watchdog intends to adjust the methodology used to calculate its prepayment price cap ‘in order to better reflect costs’
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The UK’s watchdog found no competition concerns
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As part of the deal, RWE is selling its 76.8% stake in innogy to E.ON
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The provisional decision and consultation is expected to be published this summer
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It will use information on the progress of the smart meter rollout to determine whether the prepayment price cap would need to be revoked early or extended
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Here’s a quick timeline that takes you through it
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The Competition and Markets Authority (CMA) said the proposed tie-up would not affect householders
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The UK’s competition watchdog provisionally cleared the deal last month
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The merger is not expected to have a significant impact on standard variable tariff pricing
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The competition watchdog is concerned the sites bought from Metal Waste Recycling might lead to a ‘worse deal’ for suppliers and customers
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Sims Metal Management has bought a UK metal recyler and its subsidiaries
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