Mr. Seamus Maye:

Yes. We have worked very hard for many years with the Competition Authority and the Office of the Director of Corporate Enforcement and found that regulators are simply not up to the task. They do not have the culture required. When it comes to examining the behaviour of big business, they just do not do it, as we have seen time and again. We have been dealing with the Office of the Director of Corporate Enforcement since 2001, when it was formed, and the Competition Authority since 1991.