The Competition Bill 2022 will give more powers to the Competition and Consumer Protection Commission and the Commission for Communications Regulation.
Under the bill, breaches of competition law can be enforced through administrative actions, with maximum fines of up to €10 million or 10% of total worldwide turnover, whichever is the greater. Mr Varadkar said "the vast majority of businesses do not engage in anti-competitive practices, but some do at the expense of consumers and other businesses particular newer and smaller ones".
The Tánaiste said the new powers will "act as a big disincentive for those taking part in anti-competitive practices, which drive up costs, freeze out start-ups and smaller businesses and lead to bad quality products and poor services".
Would ya go way with yourself. Pot calling the kettle black. Leo the leak driving the country onto its knees.
? - What about the criminal investigation into Leo Varadkar’s leaking of a confidential proposed GP contract to his friend - The contract contained details of the deal the then government had provisionally agreed with the IMO - Rogue operators is right -
You mean like having classified info and givin it to your m8 to make a few quid off a global pandemic?