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:

I would love to be able to answer the Deputy in the positive. I am afraid it would not be possible to identify the quantum of costs to the economy of bid-rigging. It is only when it is an offence and the CCPC is able to start prosecuting a specific offence of bid-rigging that we might be able to work backwards to assess what the costs have been to the economy in the past.

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