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U.K. Regulator Cancels Retail Supplier "Shell" Licences Used To Facilitate Market Entry

November 21,2019



U.K. regulator Ofgem has cancelled the retail energy supplier licences of over a dozen companies that were ostensibly created as "shells" that could then be sold to a new supplier to speed or facilitate market entry, according to a story published by the Evening Express

As previously reported (story here), Ofgem recently introduced higher standards for retail supplier licences

See more on the recently cancelled shell licences in the Evening Express

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