Leo Varadkar (Dublin West, Fine Gael) | Oireachtas source

-----price controls are always a good thing. We know from real experience that price controls can have negative consequences as well. This is most evident in socialist, state-run, planned economies like the Soviet Union and eastern Europe where they led to shortages, scarcity, rationing and, ultimately, a black market. We have to bear in mind experience from other jurisdictions and also potential unintended consequences. As I said, we tax the profits of these companies.

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