Research conducted by Warwick University conlcudes that the market in domestic electricity is still not fully competitive, a full 8 years after it was opened up in 1999.

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Major gas exporting countries including Russia, Iran and Algeria are to set up a ‘high level committee’ to discuss issues surrounding supplies and pricing. The countries, who together account for around 70% of world reserves, say that they have no plans to set up a price fixing cartel similar to Opec.

Read more at BBC News - Gas producers dismiss cartel talk