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Saturday 15 October 2011

Unit 3: The Gas industry - Natural Monopoly, Regulation and Profit

The profit margin for energy companies has risen to £125 per customer per year, from £15 in June, regulator Ofgem said as it confirmed it will force suppliers to simplify tariffs as part of a drive to push down prices.




Is this an example if 'Natural Monopolies' exploiting customers?

Or is it an example of good business practice coming on the back of efficiency gains?

I know what I think!!!!!!!!!

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