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Time to break up water services monopolies says leading think tank
Customers could benefit from improved customer services, lower prices and saving water if the water services market in England was Wales was deregulated, according to new research from leading think tank Policy Exchange.
The study, Water Retail Services Competition in England and Wales: Still Hobson’s Choice?, recommends that vertically-integrated local water monopolies should be partially broken up, with businesses and public sector organisations given the right to choose their water retail suppliers.
It finds agreement between a range of cost benefit analyses that opening up the England and Wales water retail services market would give large net benefits – between £600 million and £2.5 billion, even without taking into account customer service benefits and water saving.
See more at http://www.policyexchange.org.uk/assets/Water_services_PR.pdf
