UK Energy Regulator Probes SSE Over Competition Concerns
January 21 2015 - 3:05AM
Dow Jones News
By Tapan Panchal
LONDON--The U.K.'s energy regulator on Wednesday opened an
investigation into whether SSE PLC (SSE.LN) has put its competitors
at a disadvantage in the electricity connections market.
The Office of Gas and Electricity Markets said the investigation
doesn't imply that the energy company has breached competition law.
The purpose of the investigation is to examine whether there has
been an infringement of competition law.
The regulator also said that more competition was needed in the
electricity connections market. It has set out a number of the
steps the electricity distribution companies must take within the
next six months to improve competitiveness.
Write to Tapan Panchal at tapan.panchal@wsj.com
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