E.ON Next deal to buy Ovo Energy leaves UK with just ‘big three’ energy suppliers
Competition watchdog clears takeover despite concerns that suppliers will have less incentive to lower bills Almost three-quarters of households in Great Britain are now served by just three energy suppliers, after E.ON Next completed a deal to buy Ovo Energy despite fresh concerns about competition in the energy market.
The takeover concluded on Thursday after Britain’s competition watchdog cleared it, despite concerns that the shrinking number of household energy suppliers could mean billpayers will have less choice and suppliers will have less incentive to lower bills.
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The GuardianSource headline and summary supplied via NewsData.io. First collected by NewsJaws on 2026-10-09. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.