PREDATORY PRICING BY ENERGY SUPPLIERS

That this House notes with concern the predatory pricing tactics pursued by some large energy suppliers in which loss-leading tariffs are offered to online customers, whilst the majority of existing, loyal customers are excluded from accessing these deals; further notes that these deals are to the detriment of customers as energy supplier losses in one area are made up by higher charges for existing customers elsewhere; expresses concern that these pricing policies harm competition in the energy market by preventing smaller suppliers from competing with the larger suppliers; and calls on the Government to work with the regulator to create a fair market for customers and smaller suppliers by putting an end to this form of predatory pricing.