Oireachtas Joint and Select Committees
Wednesday, 14 September 2016
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Rising Cost of Motor Insurance: Discussion (Resumed)
11:00 am
Mr. Ronan Mulligan:
We received some advice on that, which Mr. Dunne can provide. We took some legal advice which said that there might be competition concerns with this, so we need to take more legal advice to dig into those issues and understand what they potentially are. Our legal system is similar to that in the UK and the latter has been able to surmount this. I believe it pertains to European regulations as well, so it should be the same regulation. We do not believe the problems are insurmountable but they have not yet been overcome.
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