SSE/Npower merger receives final clearance

The CMA has decided that the proposed merger between innogy SE's subsidiary Npower and SSE Retail can proceed, following a thorough review.

The decision comes after a provisional clearance from the inquiry group of independent Competition and Markets Authority panel members, who investigated how the merger would affect householders. The group specifically examined competition concerns around how the deal would impact ‘standard variable tariff’ prices.

Following a period of consultation, the CMA has decided to clear the merger after finding that SSE and Npower are not close rivals for customers on these tariffs.

As part of its assessment, the inquiry group examined evidence from the six large energy suppliers; smaller suppliers; customer groups; and regulators, before going on to consult on its provisional clearance. It received no evidence during the consultation that altered the provisional decision.