Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

My final question is for Mr. O'Leary on the way the CCPC will approach this issue. To take the example of mortgages, which typically is the biggest transaction anyone enters into in their life, there is still price differentiation in the market.

Cashback is available to new customers but not to existing customers, and certain banks still offer preferential rates to new customers as opposed to existing customers. We know it is widespread across utility companies. We also know it is happening in the insurance industry. How does the CCPC, as the competition watchdog, the body that has the responsibility of protecting consumers, deal with that? In general, at the level of principle, this practice is widespread.