Letter from the Chief Executive, CMA, to the Chair … Competition & Markets Authority Ms Rachel...

2
CMA Competition & Markets Authority Ms Rachel Reeves MP From: Mr Andrea Coscelli Chair Chief Executive - CMA Business, Energy and Industrial Strategy Committee House of Commons Direct line: 020 3738 6100 London SW1A0AA Our ref: MP000413 6 December 2017 WJ_ / 1,/{).-J /Jv j;; ;u.a.)~ d ....,.., j_ ~r L~~ - Anticipated merger between SSE and Npower I am writing in response to your letter dated 1 December 2017 regarding the potential merger between SSE's domestic retail business and Npower (the Merger), and your request for confirmation from the CMA that we look in detail at the potential impact that this merger could have on the operation of the domestic energy market. As confirmed publicly by SSE and Npower, 1 they intend to formally notify the Merger to the CMA, and we are currently in pre-notification discussions with them. These discussions typically last a few weeks, at which point we will be able to launch our formal investigation. As part of our investigation, we will consider a wide variety of evidence, and invite representations from all interested parties about the potential impact of the Merger on competition. We typically issue a public invitation to comment via the case page on our website at the start of an investigation to which the committee can of course respond. Any evidence provided would be considered in the round with evidence received from the parties and third parties, and case teams routinely follow up particular points with those providing evidence where appropriate. 1 For example, see https://news.sky.com/story/mps-call-for-probe-over-energy-tie-up-competition- fears -1 1156503 ---···-··· ··-·--" ··----- Victoria House Southampton Row London WC1 B 4AD • Telephone 020 3738 6000 • Facsimile 020 3738 6067 www.gov.uk/cma • [email protected]. gov.uk • Twitter @CMAgovUK

Transcript of Letter from the Chief Executive, CMA, to the Chair … Competition & Markets Authority Ms Rachel...

Page 1: Letter from the Chief Executive, CMA, to the Chair … Competition & Markets Authority Ms Rachel Reeves MP From: Mr Andrea Coscelli Chair Chief Executive -CMA Business, Energy and

CMA Competition & Markets Authority

Ms Rachel Reeves MP From: Mr Andrea Coscelli Chair Chief Executive - CMA Business, Energy and Industrial Strategy Committee

House of Commons Direct line: 020 3738 6100 London SW1A0AA Our ref: MP000413

6 December 2017 WJ_/

1,/{).-J /Jv ~ j;; ~~ ;u.a.)~ d ....,.., j_ ~ r ~ L~~ ­

Anticipated merger between SSE and Npower

I am writing in response to your letter dated 1 December 2017 regarding the potential merger between SSE's domestic retail business and Npower (the Merger), and your request for confirmation from the CMA that we look in detail at the potential impact that this merger could have on the operation of the domestic energy market.

As confirmed publicly by SSE and Npower, 1 they intend to formally notify the Merger to the CMA, and we are currently in pre-notification discussions with them. These discussions typically last a few weeks, at which point we will be able to launch our formal investigation.

As part of our investigation, we will consider a wide variety of evidence, and invite representations from all interested parties about the potential impact of the Merger on competition. We typically issue a public invitation to comment via the case page on our website at the start of an investigation to which the committee can of course respond. Any evidence provided would be considered in the round with evidence received from the parties and third parties, and case teams routinely follow up particular points with those providing evidence where appropriate.

1 For example, see https://news.sky.com/story/mps-call-for-probe-over-energy-tie-up-competition­fears-1 1156503

---···-·····-·--" ··----­

Victoria House Southampton Row London WC1 B 4AD • Telephone 020 3738 6000 • Facsimile 020 3738 6067

www.gov.uk/cma • [email protected] • Twitter @CMAgovUK

Page 2: Letter from the Chief Executive, CMA, to the Chair … Competition & Markets Authority Ms Rachel Reeves MP From: Mr Andrea Coscelli Chair Chief Executive -CMA Business, Energy and

Our case page (https://www.gov.uk/cma-cases) will be regularly updated after we open our investigation.

Andrea Coscelli

Chief Executive

2