In June 2014, the Competition and Markets Authority (CMA) announced that it was

launching a full investigation into the supply of energy in Great Britain. CMA found that

there was weak customer response, which gave the six large suppliers market power so that

they could engage in price discrimination. CMAs energy market report has stimulated

proposals for further government and regulatory interventions. Provide your comments on

energy (electricity and gas) market in Great Britain and justify your answers providing the

appropriate references to support your statements.

a) describe the energy market (electricity and gas) in the UK now and

b) compare with the UK energy market a decade ago