Dáil debates

Wednesday, 17 May 2006

 

Competition Authority.

3:00 pm

Photo of Micheál MartinMicheál Martin (Cork South Central, Fianna Fail)

The Competition Authority's budget allocation for 2006 was increased primarily to provide additional resources for the cartel enforcement division. Seven new posts were approved and a staff recruitment campaign is currently under way. This will result in a doubling of the authority's staff for investigating cartels.

I expect that once the new posts are filled, the authority will be in a position to build on its recent successes in the criminal courts where, in one cartel case alone, it has secured 15 convictions to date through prosecutions brought by the DPP, with further trials pending. These are the first criminal convictions on indictment ever secured in Ireland, or indeed in the European Union, for competition law offences.

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