What benefit does market monitoring and mitigation bring to New England?
Market monitoring benefits the entire marketplace by continually evaluating market behavior and performance to ensure fair and competitive markets. When inefficient rules or anticompetitive behavior is detected, the market monitoring group acts to improve the rules or change the behavior. In known problem areas, market monitoring has the ability to immediately intervene in the market to prevent anti-competitive behavior. This combination of approaches is designed to ensure that the markets running today work as well as possible, including areas where competition may be limited and that, in the long-run, the markets adapt and evolve to ensure continued reliability, competitiveness and efficiency.