Energy price cap – is it legal? – Halsbury’s Law Exchange

Posted September 27th, 2013 in energy, legislation, news, parliament, price fixing by tracey

“You would have to be living under a rock to avoid Mr Milliband’s recent announcement that energy costs would, if he were elected in 2015, be capped for 20 months. Unsurprisingly, this has caused uproar on a political level between energy companies warning of blackouts and company failures and the Labour party who maintain it is a viable option. The question which really needs to be asked here is whether or not the government is legally entitled to do this?”

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Halsbury’s Law Exchange, 27th September 2013