Oireachtas Joint and Select Committees

Wednesday, 23 March 2022

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Fuel Costs: Competition and Consumer Protection Commission

Photo of Louise O'ReillyLouise O'Reilly (Dublin Fingal, Sinn Fein) | Oireachtas source

They do not really, though, if the price is going up at every station and all they have is a display telling them they cannot afford to fill their car. I appreciate Mr. Godfrey's point but in reality what is bothering people is the fact that they just cannot afford to fill their car. It does not matter where they are stopping. I live in north County Dublin and pass several filling stations on my way in. The display is one thing and I understand the importance of that but I know from talking to my neighbours that in real life, they cannot afford it despite all the displays in the world. That is what is bothering people.

Will the Competition and Consumer Protection Commission be reviewing the quarterly financial statements from companies that dominate the market and comparing them with price increases at the pumps? I know the witnesses cannot go into too much detail but is this the kind of thing the commission is looking at? I am trying to understand what form the investigation is going to take without getting too much detail, which I appreciate Mr. Godfrey cannot give me. We are being asked about this by our constituents.

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