- Feb 9, 2019 1:24 am GMT
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Competition in the European energy market has intensified, according to Navigant Research. In 2013, 20 energy companies served the United Kingdom; that number swelled to 73 in June 2018. Many of these firms are searching for viable, long term business models. Facebook’s business model has its suppliers are its users. Energy suppliers could follow the Facebook game-play to fight off the auto-switchers, according to the market research firm. How closely does your firm follow Silicon Valley? What lessons can be learned from its business models?