Ms Isolde Goggin:

We were quite looking forward to the "Gotcha" element of this. We thought we would be able to address many of the behaviours with the new powers. In the competition space, we have generally shied away from getting involved in codes of practice and developments that could almost be seen as regulatory functions.

Perhaps the witnesses from ComReg will want to come in on this. We have not done it much, probably because we feel that dominant companies should not need a code of practice. They are big, well resourced and stuffed with lawyers. They should know the law and abide by it. I am always a little reluctant to get State agencies involved in taking over a part of what should be a company's responsibilities. It is certainly something we will take away and think about but it might be something to consider further a few years down the road. Our big drive at the moment is to try to establish a track record of enforcement with the new powers we have. When those boundaries have been set, it can be discussed with people how to comply with them and how they will be enforced. There will have to be a little more drawing of the boundaries before we get to that point.

Mr. McHugh might like to come in on that.