Jennifer Carroll MacNeill (Dún Laoghaire, Fine Gael)
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I think so. The purpose of the directive is to make sure there is as competitive a market as possible within the Single Market and within each member state in the Single Market in order to make sure the State is not doing things which will reduce competition or have a market intervention effect and make sure that at the same time as having a competitive market you have insurers who have the capacity to pay out where a policyholder need it. Within the scope of the directive, interventions by the state that have any of those effects, diminish impacts or competition, are really not permitted.