Oireachtas Joint and Select Committees

Wednesday, 8 June 2016

Select Committee on Standing Order 112

Scrutiny of EU Legislative Proposals

3:00 pm

Photo of Colm BrophyColm Brophy (Dublin South West, Fine Gael) | Oireachtas source

There does not seem to be any prohibition on this. If the threshold figure were to be substantially reduced during the negotiation process there would be an equivalent increase in the number of companies based here which would be affected by the regulation. By definition, although we do not know because we do not have the breakdown, it would probably bring in an awful lot more Irish companies because the big multinationals that get named all the time are probably captured already in the 47. Therefore, it would really start to kick in and affect Irish companies.

Does anybody have additional questions?

Comments

No comments

Log in or join to post a public comment.