Oireachtas Joint and Select Committees
Tuesday, 23 February 2021
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
Pre-legislative Scrutiny of the General Scheme of the Competition (Amendment) Bill 2021 (Resumed): Discussion
Mr. Brian McHugh:
There is legal precedent for this in cases where holding companies have been held responsible. As Ms Goggins said, there have been cases in which subsidiaries subject to investigation have gone out of business but the holding companies have been held responsible for the behaviour and punished accordingly, with a fine, for example. It is quite a technical legal point but there is precedent for this.
No comments