Dáil debates
Thursday, 26 September 2019
Ceisteanna ó Cheannairí - Leaders' Questions
12:15 pm
Richard Bruton (Dublin Bay North, Fine Gael) | Oireachtas source
I know the Competition and Consumer Protection Commission legislation very well and it has very strong powers to investigate practices that would be either unfair or, to go further, anti-competitive. It has the experience, well beyond that of either the Deputy or I, to identify those practices. No doubt the Deputy is drawing its attention to dual pricing as one of the many features of pricing policies about which many consumers within the insurance sector are unhappy. This will be examined by people who are expert in examining markets like this. I assure the Deputy that the Competition and Consumer Protection Commission will be rigorous and it has all the powers necessary to do that.
Increasingly, we are seeing in many of these service sectors the need to emphasise switching opportunities. I know it has been made easier to switch in insurance but, hopefully, this study will identify additional measures that can be introduced to the market. However, the Deputy will appreciate that I am not in a position to endorse any one particular change the Competition and Consumer Protection Commission might recommend but-----
No comments