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United Kingdom · Question · Written question

HL HL11285

Water Companies: Competition

answeredUnited Kingdom· UK Parliament· EN

Introduced

9 December 2020

Last action

23 December 2020 · Answer

Status

Answered

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Discovery layer

Source updated

23 December 2020

Summary

To ask Her Majesty's Government what assessment they have made of the use of Parent Company Guarantees by water wholesalers to their associated retailers in the English water retail market; and their impact on market (1) competition, and (2) distortion.

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Timeline

  1. 9 December 2020

    Written question

    To ask Her Majesty's Government what assessment they have made of the use of Parent Company Guarantees by water wholesalers to their associated retailers in the English water retail market; and their impact on market (1) competition, and (2) distortion.

    Source: Lords

  2. 23 December 2020

    Answer

    Ofwat keeps under review the use and impact of Parent Company Guarantees (PCGs) in the water business retail market. For example, it has previously reviewed the use of PCGs in the market and wrote an open letter (in January 2019) to retailers and their as...

    Source: Written answer

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