Oireachtas Joint and Select Committees

Thursday, 21 November 2019

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Dual Pricing for Insurance: Discussion (Resumed)

Photo of Kieran O'DonnellKieran O'Donnell (Fine Gael) | Oireachtas source

Not in substance. People need to understand that this is not personal. We have a job to do here and must ask these questions. In essence, the CCPC cannot issue a fine, although it can issue a commitment. It can take insurance companies to court but, ultimately, there are no sanctions in court so it is a Pyrrhic victory. When the CCPC looks at this price signalling issue, does it also look at the issue of criminal intent? I assume that by definition, "criminal intent" must be a cartel.

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