Oireachtas Joint and Select Committees

Thursday, 15 May 2014

Select Committee on Jobs, Enterprise and Innovation

Competition and Consumer Protection Bill 2014: Committee Stage

12:25 pm

Photo of Richard BrutonRichard Bruton (Dublin North Central, Fine Gael)
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I move amendment No. 4:


In page 9, between lines 11 and 12, to insert the following:"Transitional provisions relating to mergers
5.Where a merger or acquisition was notified under Part 3 of the Act of 2002 before the commencement of section 5(1)(a)and Parts 3and 4, then, upon such commencement, the Act of 2002 shall apply to the merger or acquisition as if the amendments effected by section 5(1)(a)and Parts 3and 4had not been made.".
This amendment provides that merger applications made under the current regime, that is, those made in advance of the commencement of the revised merger regime, are to be dealt with under the current regime under the Competition Act 2002, not the revised one in the Competition and Consumer Protection Bill 2014. This is to give legal certainty.