CMA

The competition watchdog is concerned the sites bought from Metal Waste Recycling might lead to a ‘worse deal’ for suppliers and customers

Sims Metal Management has bought a UK metal recyler and its subsidiaries

The competition watchdog believes customers on heat networks have less protection if things go wrong

Daligas provides energy to both domestic and small and medium sized businesses

Martin Cave previously said the temporary price cap was needed to protect consumers from unfair energy price rises

The competition watchdog’s investigation found it could also lead a “worse deal” for suppliers and customers

Its investigation found heat network customers are not getting the same levels of protection that gas and electricity customers receive

Its initial investigation found the deal could potentially increase energy prices for some consumers

The competition watchdog is seeking remedies from the companies to prevent a more in-depth investigation on their proposed tie-up

Chief Executive Alistair Phillips-Davies is also calling for greater clarity around the conditions under which a price cap would be removed