The UK Competition Authority publishes a report setting out its provisional findings during a market investigation of the energy sector

The UK Competition and Markets Authority ("CMA") published a report on 7 July 2015 setting out its provisional findings in a market investigation of the energy sector, in particular for gas and electricity at both wholesale and retail levels in the UK. Market investigations involve in-depth reviews of markets to identify whether there are any features of the market that have an adverse effect on competition. The report found that competition in the wholesale gas and electricity markets works well and that the presence of vertically integrated firms does not have a detrimental effect on competition. However, the CMA has provisionally identified a number of adverse effects on competition in the retail energy market that act to the detriment of UK consumers. The report found that the six