Robert Troy (Longford-Westmeath, Fianna Fail) | Oireachtas source

I move amendment No. 151:

In page 97, line 28, to delete "retaining" and substitute "terminating the employment of".

Where a merger has been notified to the CCPC and the CCPC has a concern that the merger may have an effect on competition in the market, the CCPC may impose interim measures on an undertaking involved in that merger. In defining these interim measures, it was intended that an undertaking could not terminate the employment of key staff when putting a merger into effect but this was included in reverse in the original Bill as published, preventing the retention of key employees. This amendment corrects that error in section 18B being included in the Competition Act 2002.