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Newcastle Herald

National

William Huynh

Australian consumer and energy watchdogs to probe alleged energy market gaming

ACCC Gina CassGottlieb Electricity Aer Australian Energy Regulator

A joint ACCC and AER probe will look into alleged electricity price gouging and market gaming by power companies. Picture: Sitthixay Ditthavong

Energy price gouging allegations will be investigated by Australian consumer and energy watchdogs as the nation is gripped by an energy crisis.

The Australian Competition and Consumer Commission (ACCC) and Australian Energy Regulator (AER) will conduct a joint probe into alleged market gaming by power companies including energy supply removal and dishonest bidding leading to price manipulation.

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