Webb14 feb. 2024 · Rachel Fletcher, Ofwat’s chief executive, said that the regulator was “ready to fully engage with the CMA”: “This price review lays down a major challenge for the sector to transform ... Webb17 feb. 2024 · Companies that are unhappy with Ofwat’s decision have until 15 February to tell Ofwat that they want the case to be referred to the Competition and Markets Authority (CMA). Any appeals submitted before the deadline will be included in Ofwat’s reference.
A number of water companies are appealing Ofwat’s pricing review
WebbOfwat will refer the price control for each water company that appeals. Once the reference is made, further information will be available on the CMA website. At the end of the review, the CMA will publish a report with its final decision on Ofwat’s price controls including … Webballowed revenues set out in the redetermination published by the Central Markets Authority (“the CMA”) following our referral to that body of Ofwat’s Final Determination. Ofwat imposed five separate revenue controls as part of PR19. These revenue controls relate to five separate areas of our service: lewis foundation of classical ballet
Water industry hits back at Ofwat over price determinations
WebbTo ensure active enforcement of these rights and duties, enforcers how as local weights the measures authorities (known for “Trading Standards”) and other regulators (such as the Competition and Markets Authority (“CMA”)) have powers to investigate compliance. Webbthe CMA and Ofwat will strongly encourage merging parties to consider the possibility of offering UILs early in the investigation and to liaise with both the CMA and Ofwat as soon as possible if the merger parties are considering undertakings.5 21. The merger parties … WebbOfwat: Firms could lose as well as gain from CMA referrals. The director heading up PR19 has defended the regulator's “tough and proactive” final determinations and insisted "we are happy to ... lewis foy