Mr. Kieran Culhane:

The Deputy is correct that the definition regarding economically significant prices indicates there is a substantial influence on the amount of products that producers are willing to supply but also on the amounts of products purchasers wish to acquire. In the findings, the issue was that the massive investment in Irish Water did not seem to relate to the price charged for the products. It did not appear commercial from Irish Water's perspective. As a result of the cap, there was no incentive for users to turn off the tap so it did not seem to influence their behaviour either. Those were the findings.