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Regulators urged to investigate 'broken' energy market

Consumer group Which? and the Federation of Small Business (FSB) have written a joint letter to the Office of Fair Trading, Ofgem and the Competition and Markets Authority, saying that competition in the energy market needs to be increased.

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Nine in 10 consumers 'want energy market investigation'

Consumer group Which? and the Federation of Small Business (FSB) said nine in 10 consumers believed the energy market should be referred for further investigation, while seven in 10 are worried about energy prices and only one in five trusted energy companies.

The big six gas and electricity suppliers are expected to hear soon, possibly later this week, whether there is to be a full competition inquiry into the energy industry.

The financial, energy and consumer regulators have been reviewing the working of the market for the past three months and are expected to publish a final report within days.

There is speculation that the report could trigger a full competition inquiry.

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