E.ON Next deal to buy Ovo Energy leaves UK with just ‘big three’ energy suppliers
Competition watchdog clears takeover despite concerns that suppliers will have less incentive to lower billsAlmost three-quarters of households in Great Britain are now served by just three energy suppliers, after E.ON Next completed a deal to buy Ovo Energy despite fresh concerns about competition in the energy market.The takeover concluded on Thursday after Britain’s competition watchdog cleared it, despite concerns…
Competition watchdog clears takeover despite concerns that suppliers will have less incentive to lower billsAlmost three-quarters of households in Great Britain are now served by just three energy suppliers, after E.ON Next completed a deal to buy Ovo Energy despite fresh concerns about competition in the energy market.The takeover concluded on Thursday after Britain’s competition watchdog cleared it, despite concerns…
