COMPETITION IN THE ENERGY MARKET (No. 2)

Motion Text

That this House is concerned about reports that EDF of France and E.On of Germany are leading consortia attempting to take over Iberdrola of Spain, the parent company of Scottish Power; believes that any such takeover would lead to even less competition within the UK energy market and goes against efforts by the European Commission to liberalise the EU energy market; believes that there are already concerns about the dominance of the big six energy companies in the UK market; and calls upon the UK Government to make clear that no further concentration will be allowed.