UK Energy Watchdog Opens Probe into Abuse of Dominant Position

The Office of Gas and Electricity Markets (Ofgem), the UK’s energy market regulator, has opened an investigation into an unnamed company for alleged abuse of dominant position. “The opening of this investigation does not imply we have made any findings about whether there has been an infringement of competition law,” said Ofgem, which is investigating via its Gas and Electricity Markets Authority (GEMA). “GEMA has launched an investigation under Chapter II of the Competition Act 1998 into suspected breaches of…