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AAP
AAP
National
Miklos Bolza

AGL accused of manipulating electricity prices

AGL Electricity AGL Energy SA
AGL Energy intentionally increased wholesale electricity prices, a class action lawsuit claims. (Joel Carrett/AAP PHOTOS) (AAP)

AGL Energy has been accused of using bids on the wholesale electricity market to inflate power prices and cause higher bills for consumers.

A class action filed in the NSW Federal Court seeks to compensate customers for AGL's alleged manipulation of the electricity market which affected downstream prices charged to homes and businesses.

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