CMA starts review of National Grid's PPL WPD acquisition

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.

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.