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Wednesday, 17 June 2015 11:09

CMA appoints panel for Phase 2 of Pennon / Bournemouth water Inquiry

The Competition and Markets Authority has appointed the four panel members who will conduct the in-depth Phase 2 investigation into the acquisition of Bournemouth Water by Pennon Group plc, owners of South West Water.

The panel will be chaired by specialist utility panel member Simon Polito. , Sarah Chambers – also a specialist utility panel member-  Jayne Scott and Andrew Popham are the other appointees.

The administrative timetable for the investigation is now as follows:

  • June/July 2015                 Gather information, issue questionnaires, hear third parties
  • August/September 2015  Main party hearing, verify information, consider provisional findings
  • Early September 2015      Deadline for all parties’ responses/submissions required before provisional findings
  • September 2015               Publish provisional findings
  • Early October 2015          Consider possible remedies and response hearing(s) (if required)22
  • Late October 2015           Final deadline for all parties’ responses/submissions
  • November 2015                Publish final report
  • 22 November 2015           Statutory deadline