Ofwat refers five companies' price re-determination requests to antitrust regulator - Finance news and analysis from Global Banking & Finance Review
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Ofwat refers five companies' price re-determination requests to antitrust regulator

Published by Global Banking & Finance Review

Posted on March 18, 2025

1 min read

· Last updated: March 18, 2025

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Ofwat Sends Water Companies' Price Review to Competition Regulator

(Reuters) - Ofwat, which regulates the water industry in England and Wales, said on Tuesday it has formally referred requests from five companies for a re-determination of their price review to the UK's competition regulator.

The five companies whose requests have been referred to the Competition and Markets Authority (CMA) are Anglian Water, Northumbrian Water, South East Water, Southern Water and Wessex Water, Ofwat said in a statement.

The water regulator also said that it has agreed to Thames Water's request for deferring its request reference to the CMA by up to 18 weeks.

(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Shinjini Ganguli)

Key Takeaways

  • Ofwat has referred five water companies to the CMA.
  • The companies are seeking a re-determination of their price review.
  • Thames Water's request deferral is agreed for up to 18 weeks.
  • The CMA will handle the re-determination requests.
  • The companies involved include Anglian and Southern Water.

Frequently Asked Questions

What is the main topic?
The main topic is Ofwat referring five water companies' price re-determination requests to the UK's competition regulator, CMA.
Which companies are involved?
The companies involved are Anglian Water, Northumbrian Water, South East Water, Southern Water, and Wessex Water.
What is the role of the CMA?
The CMA will review the re-determination requests from the water companies referred by Ofwat.

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