Meaning of “Ofgem” in the English Dictionary

business-english dictionary

"Ofgem" in Business English

See all translations

Ofgemnoun

uk /ˈɒfdʒem/ us

GOVERNMENT abbreviation for Office of the Gas and Electricity Markets: an official organization in the UK that checks whether gas and electricity companies are obeying government rules:

Ofgem criticized seven gas companies for breaking gas trading rules in order to drive up prices.

(Definition of “Ofgem” from the Cambridge Business English Dictionary © Cambridge University Press)