COMPETITION IN THE ENERGY MARKET

That this House notes with concern the massive profits being announced by energy companies weeks after they have imposed very substantial price rises on consumers; believes that the option of switching suppliers is not available to many consumers, especially those who are suffering most from rising prices; further believes that there is an urgent need for an investigation into the operation of the energy market and, in particular, whether there are any anti-competitive practices amongst the big six energy companies; and urges the Government to instruct the competition authorities to launch an investigation into the energy market.