Ruling: British Gas and E.ON are challenging Octopus’ takeover of Bulb
British Gas and E.ON can continue their legal battle over Octopus Energy’s takeover of a rival, a judge has ruled.
The suppliers are challenging Octopus’ takeover of Bulb, which collapsed in 2021. Bulb’s customers helped Octopus become the UK’s third-largest domestic energy supplier behind British Gas and E.ON.
The suppliers took the Government to court last year, arguing it unlawfully committed billions to propping up Bulb without considering the impact on the market.
Their case was dismissed by London’s High Court in March.
But Judge Nicholas Underhill at the Court of Appeal yesterday allowed them to challenge that decision.