Oireachtas Joint and Select Committees

Tuesday, 2 February 2021

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Pre-legislative Scrutiny of the General Scheme of the Competition (Amendment) Bill 2021

Ms Clare McNamara:

The Senator will have to forgive me but I cannot comment on Government policy since 2007, when that report was published. We are bringing in a Bill that will result in quite significant crimes for serious breaches of competition law. If that report is correct and there has been a loss of €2.5 billion a year, a great deal of money will be coming into the Exchequer once the Bill is enacted, one would hope.

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