Energy Supply Market: Competition

Sir Desmond Swayne (New Forest West) (Con)
23. If he will make it his policy to increase competition within the energy supply market; and if he will make a statement.

The Secretary of State for Business, Energy and Industrial Strategy (Greg Clark)
I will respond shortly to the Competition and Markets Authority report, and I will take steps to increase competition and help consumers.

Sir Desmond Swayne
If the Secretary of State is successful in engendering much greater competition, will we need a regulator at all?

Greg Clark
The aim of Government policy must be to have such vigorous competition in markets that that takes care of itself. Unfortunately, I do not think we are in that position, so I am determined to make sure that customers are treated fairly.