Oireachtas Joint and Select Committees

Thursday, 15 May 2014

Select Committee on Jobs, Enterprise and Innovation

Competition and Consumer Protection Bill 2014: Committee Stage

2:15 pm

Photo of Richard BrutonRichard Bruton (Dublin North Central, Fine Gael) | Oireachtas source

I do not agree with the Deputy that we should be involved in price setting across the retail trade. He is suggesting wholesalers would write an invoice price and that it would become the price. If that were happening in another situation, he would, rightly, be describing it as a cartel where the retailer had no obligation but to accept the price dictated by the supplier.

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