Seanad debates

Wednesday, 16 October 2002

Adjournment Matters. - Beef Industry.

 

In relation to cartel-type offences, the key feature of the Competition Act is that it prohibits agreements between undertakings that have as their object or effect the prevention, restriction or distortion of competition. It is therefore necessary to prove that members of a cartel in some way got together to fix prices or markets. Price similarity or price shadowing is not at all conclusive as it may also be characteristic of highly competitive markets and I think that would be the case in our beef industry.

Comments

No comments

Log in or join to post a public comment.