... the sale means that E.ON Next, which already supplies 5.6 million households, will hold 25% of the household energy market – or 13.45m gas and electricity accounts – and become Great Britain’s second-largest energy supplier

The supplier’s hold on the market is narrowly behind Octopus Energy, which holds a 26% share or 14.3m accounts, and ahead of legacy energy incumbent British Gas, which was once the top supplier but today serves about 23% of the market or 12.5m accounts.

It also deals a blow to the decade-long efforts to dismantle the dominance of what were the “Big Six” energy suppliers to increase competition and lower energy prices.

What are our anti-trust regulators doing? Between this and the TalkTalk thing, the oligopolies keep getting worse.

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[–] 1 point 16 hours ago

It's happening in pretty much every sector

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