Two of the UK's largest energy suppliers are to merge

Two of the UK's largest energy suppliers are to merge

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Social Studies, Business

University

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The video discusses the competitive energy market, focusing on a merger between SSE's retail division and another company. It highlights the shift from Enpower due to high costs, SSE's market position, and the emergence of new competitors. The government is urged to implement a price cap to protect consumers. The merger, while potentially reducing competition, allows consumers to switch suppliers. Concerns about job losses and shareholder benefits are raised by the Unite union.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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