Dáil debates
Wednesday, 8 February 2012
Competition (Amendment) Bill 2011: Report Stage
12:00 pm
Dara Calleary (Mayo, Fianna Fail)
The Minister of State referred to removing out-of-date orders. This is new legislation, but it is already out of date. There was a casual reference to the "sequestration of assets" in the Minister of State's explanation of this proposal. Until we get to a stage where the seizure of assets and the imposition of substantial fines happen as a matter of course, there will continue to be consistent abuses of competition law. How many investigations are being undertaken by the Competition Authority and how many were completed during 2011?
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