Energetic Competition (Unit 3 Reading)

This article from the Guardian discusses a plan by the Conservative party in the UK to introduce more competition into the energy industry that is currently dominated by 6 major players at present. If they are elected, the Conservatives promise to begin a Competition Commission investigation into the matter.

What is the role of the Competition Commission?

To what extent is there a scope for further efficiency in the energy industry? (Think of allocative and productive efficiency)

Evaluate whether the energy market is contestable.