Britain’s competition watchdog probes Iberdrola merger with NWEN

Industry:    1 week ago

Britain’s Competition and Markets Authority said on Wednesday it was weighing whether a merger of Spain’s Iberdrola and NWEN Ltd could reduce competition in the energy sector, and make it tougher for market regulators to keep track of pricing.

The CMA has set a deadline of March 27 for submissions by interested parties to phase 1 of its merger enquiry.

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