Price remedies for Mid Kent / South East Water merger

Competition Commission notice (2 pages, PDF) of the acceptance of undertakings (19 pages, PDF) from Mid Kent Water and South East Water to give effect to the price recommendations of the Commission's May 2007 report on their merger. The provisions appear to be the same as in the consultation version. The method agreed with Ofwat (2 pages, PDF) "for adjusting £3.1m for base opex and efficiency modeling" is not included in the published version of the undertakings.

For further information or advice please contact Franck Latrémolière.

Filed under Competition Commission, Ofwat, Price controls, Water.

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