It could have been so much worse. When the Competition and Markets Authority (CMA) inquiry began this time last year, there was tub-thumping talk of breaking up the big six, reintroducing the energy pool and even setting prices. A lot has happened since then: the national agenda has moved on, competition in the energy sector has grown, we’ve had a heatwave, and Labour was crucified in the general election. Its price freeze lives on, however, in the mutated form of a partial price cap, set by the CMA or Ofgem, as a last resort for sticky customers.
Leader: The CMA could have hit much harder
