Dáil debates
Thursday, 2 March 2006
Competition (Amendment) Bill 2005 [Seanad]: Report Stage (Resumed) and Final Stage.
12:00 pm
Tony Killeen (Clare, Fianna Fail)
Predatory pricing is an issue that we all take seriously and which was discussed at length on Committee and Report Stages. It must be accepted that predatory pricing in this instance is only likely to be such when the dominant player is engaged in it and that is more than adequately dealt with in this legislation and the Competition Act.
Deputy Naughten made the interesting and important point that, heretofore, suppliers, and he was concerned about farm suppliers, had their product marked up by 214%. At the same time, he argued that we should maintain the situation that allowed that to happen. We need to address that very strongly.
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