The EU has just realised that gas companies across the continent are running a cartel that is pushing prices higher and higher:
The EU has been investigating whether energy firms on the continent have been colluding to keep prices high.
“In the coming weeks and months, the Commission will launch individual anti-trust investigations,” she said. “We are just at the beginning of a period of more intensive anti-trust enforcement.”
Gas bills for British consumers have risen by 40% in the last two years and, according to the BBC report I saw on tv just now, set to rise even further next winter.
Oh, joy.
And, to think, just the other day we were all worrying about the dangers of allowing Russian behemoth Gazprom to invest in the European gas industry.