Oireachtas Joint and Select Committees

Tuesday, 1 October 2019

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Competition Law and Trade Associations: Discussion

Mr. Brian McHugh:

Going back to Ms Goggin's point, in a number of markets the prices come together, where the prices are transparent. If they see a better price, people can transport not just within the State, but internationally. There are markets where the prices all come in line and are transparent. This is not evidence that there is a cartel. We are happy to discuss with anyone the things they see in the market. We are always open to that. It is not right to suggest that this is evidence of a cartel and therefore an investigation must be opened and the very strong powers we have must be used. That is not how we see the market.

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