British Gas Could be ‘Broken Up’ – Energy Minister


Energy Minister Ed Davey has called into question the prices and profits of British Gas this week, suggesting that the company holds a monopoly position that may have to be broken up.Minister Davey laid out a letter to regulators at the start of the week detailing plans to investigate the profit margins and prices of the big six energy firms in the industry. In particular, Davey highlighted British Gas over concerns they hold a monopoly that is causing prices to be artificially inflated.

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