CMA starts review of National Grid's PPL WPD acquisition
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The Competition and Markets Authority said on Tuesday that it is considering whether National Grid’s acquisition of PPL WPD Investments has led to competition issues.
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In June, National Grid completed the acquisition of PPL Investments, the holding company of Western Power Distribution - the UK’s largest electricity distribution business - for £7.8bn.
However, the competition watchdog has now said it will consider whether the deal "has resulted, or may be expected to result, in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services".
The CMA has invited comments from any interested parties by 26 July.