Tag Archives: nationalisation
UK Regulator Says Free Market Has Failed And The Lights Will Go Out
Posted on 05. Feb, 2010 by Ross.
0
UK energy market regulator Ofgem, once the strongest proponent of applying free market economics to energy companies, has waved a white flag and acknowledged that the system is failing the country, and that UK energy prices will go up by 20%.
In an amazing about-turn, Ofgem is now recommending a new part-nationalisation of the energy markets [...]
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