Ms Isolde Goggin:

That is very much the case. We have been speaking a lot about beef but we have discussed other areas where our role extends, such as insurance. Imagine us getting into the middle of the insurance industry and having to mediate between people as to who should get more money out of a particular transaction. It is just not where we are. Competition law and consumer protection law are a baseline for the way in which industry operates, in the same way people must comply with revenue law and environmental legislation. It is not a means of solving these problems. It is a pity this perception has arisen that the CCPC is more of a problem and more of a solution than it is in this sector.