Ms Maria Dunne:

To be clear, the regulator has two functions. One is enforcing the law on unfair trading practices. That is not relevant to the scenario the Deputy raised because it is not an unfair trading practice. The other function is that it performs a price and market analysis and reporting function. As I said, it has reported it does not feel it has enough powers to conduct that function completely at the moment. The Minister has stated he is fully committed to ensuring the regulator is equipped with the necessary powers to fulfil its statutory function.