Ms Isolde Goggin:

We see the functions of this proposed regulator as something quite different from ours and operating in a different part. Sometimes co-operating but with a degree of tension that has to be there in terms of the remit of looking after the interests of farmers versus the interests of consumers. Sometimes they are the same thing but sometimes they are not. We would see ourselves as continuing with our roles in competition and consumer protection. If a sectoral regulator were to be introduced, that would override the current regulations that we enforce and, in fact, they would probably not be continued.