Skip to main content

Consultation on Gas Market Dysfunction

Having considered the fact that the price per therm of gas for January 2007 (80 NBP) is something like twice the global LNG price for the same date (37p) and almost twice that of the European Oil link gas (43p) it strikes me that the UK gas market has anti-competitive elements within it

I am considering asking the Director of Fair Trading to commence a Chapter II investigation into anti-competitive behaviour in the UK gas market in particular.

Chapter ii (1998 Act) relates as follows:
Abuse of a dominant position
The Chapter II prohibition and Article 82 of the EC Treaty prohibit the abuse by one or more businesses of a dominant position in a market.
Chapter II and Article 82 give examples of specific types of conduct that are particularly likely to be considered as an abuse where the business is in a of a dominant position. These include:
imposing unfair purchase or selling prices;
limiting production, markets or technical development to the prejudice of consumers;
applying different trading conditions to equivalent transactions, thereby placing certain parties at a competitive disadvantage; and
attaching unrelated supplementary conditions to contracts.

The mechanisms used which imply limiting production .. to the prejudice of consumers both on a pipeline import basis, but also on the use of IoG seem to me to infer a Chapter II contravention is occuring. There is a more complex question as to who is responsible for this contravention, but it seems prima facie that

a) Production (import) is limited and
b) That is to the prejudice of consumers.

I am approaching a number of market participants prior to making such a reference to find out their views beforehand.

Comments

Popular posts from this blog

Statement re Police investigation into Harassment and Perverting the Course of Justice.

It was recently reported that the police were not investigating the allegations of Perverting the Course of Justice that I had made. This came as a surprise to me as I had been told for some time that my allegations were to be considered once the VRR had been rejected. I have now had a very constructive meeting with Staffordshire police on Friday 29th June 2018 and the misunderstandings have been resolved. At that meeting the evidence relating to the perversion of the course of justice and the harassment campaign against my family were discussed. The police have decided to investigate both the perversion of the course of justice and also the harassment campaign. I would like to thank them for changing their decision and I accept their apology for the way in which they did that. I am also in possession of written confirmation a police force would be investigating allegations that a vulnerable witness has been harassed for trying to expose the campaign against me. I hope that the aut…

Service launched to reduce the pain of calling a call centre.

Click here to try the beta test call entre phoning service"John Hemming, who has created an internet Startup called Cirrostratus since he ceased being an MP, is launching a free online service to make life easier for people phoning call centres.   The service is provided by Cirrostratus, but the SIP backbone is provided by the multi-award winning business VoIP solution, Soho66." John said, "Many people find phoning call centres a real pain.  Our service is aiming to make things a lot easier.   One click on alink or the bookmarks list and our server will phone up the call centre and get through all the menus.  This is a lot faster than when people have to phone up and is less irritating." "Additionally the system uses WebRtc and the internet to make the call. This means that people don't find their normal phone system being blocked whilst they hang on the line waiting to speak to a human being." Marketing Manager from Soho66, David McManus, said: &q…

A grassroots uprising against terrorism

Original Date 26th May 2017

One thing I used to do when I was the Member of Parliament for Yardley was to call together meetings of all of the religious organisations in Yardley as a Yardley multi-faith group.  In many ways it is the creation of informal links between people that makes communication easier even if there is no formal decision making power.

Obviously this is something I would intend to do again if the people of Yardley ask me to take on the responsibility of representing them in parliament.

It highlights the sort of thing that politicians can do which arises from a leadership role within communities rather than any constitutional position.

I have already written in an earlier blog post about the principles of resolving conflict.  It can be summarised as "murdering innocents is wrong".

A number of local mosques have issued statements following the atrocity in Manchester and I think it is worth quoting from parts of them.

One said that the mosque "Unequivoc…