Centrica plc notes the publication today of the Provisional Findings of the Competition and Markets Authority (CMA), the latest step in its investigation into the UK energy supply market.
Iain Conn, Chief Executive of Centrica plc said:
“We welcome the CMA’s wide-ranging review, which recognises the realities and difficulties of implementing policy, pricing and regulation into what is already a complex marketplace. From the summary we have seen, this looks to be a comprehensive and thorough assessment. We welcome the possibility that this review will have a constructive and positive influence on competition in the energy market. While we have questions and concerns about some of the proposals we look forward to engaging with the CMA in the next phase of this process.”