Oireachtas Joint and Select Committees

Wednesday, 10 May 2023

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Engagement with the Department of Enterprise, Trade and Employment

Photo of Simon CoveneySimon Coveney (Cork South Central, Fine Gael) | Oireachtas source

The Deputy asked me to go through the CCPC response. It goes on to look at price controls, and gives its preliminary views on that:

The CCPC recognises that recent price increases have had a significant impact on consumers, and many governments have decided to respond with targeted income supports for those hardest hit [which clearly we have done here]. However, the CCPC has not seen any evidence or analysis to support the suggestion that an emergency or market failure exists in the retail grocery market, and that price controls would provide a consumer benefit.

I am just giving the Deputy the experts' view here, and then, in the context of-----

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