Centrica response to CMA Provisional Findings and Notice of Possible Remedies
Centrica plc
7 July 2015
Centrica plc
Centrica response to CMA Provisional Findings and Notice of Possible Remedies
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.â€
ENDS
Contacts:
Centrica Investor Relations 01753 494 900
Centrica
Media Relations 0800 107 7014
View source version on businesswire.com: http://www.businesswire.com/news/home/20150706005898/en/