Oireachtas Joint and Select Committees
Wednesday, 7 November 2012
Joint Oireachtas Committee on Transport and Communications
Postal Strategy Statement: Discussion with ComReg
10:15 am
Colm Keaveney (Galway East, Labour) | Oireachtas source
I cannot understand the incomprehensible folly, as I consider it, that Mr. O'Brien took in exposing the State to this liability. He needs to demonstrate here today the objectivity vis-à-vis the core principle of the organisation, which is to ensure a universal postal service provider complies to protect the stability of the universal service provision and to provide regulatory authority.
An Post is likely to lose a significant amount of money this year because of this sort of relationship, which we need to explore. I am asking the delegates to put on record the objectivity of the measure that they used with respect to arriving at the point made by Deputy Colreavy. How did ComReg arrive at the figure of €12 million? What objective criteria were used? That needs to be measured either in this market against the competitors. What competitors are being measured? What rule of thumb was used? We need to bring this into the public domain as soon as possible.
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