Spain's competition watchdog to look at power utilities

Reuters| Madrid | Spain

Updated: 17-06-2021 12:50 IST | Created: 17-06-2021 12:35 IST

Image Credit: Twitter, Nadia Calvino (@NadiaCalvino)

The Spanish government has asked the country's competition watchdog to look into possible anti-competitive behaviour from power utilities, Economy Minister Nadia Calvino said on Thursday.

Electricity prices have increased significantly in Spain in recent weeks, mainly as a result of increases in the market for carbon permits, she said in an interview with radio station SER.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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