Seanad debates

Wednesday, 16 October 2002

Adjournment Matters. - Beef Industry.

 

In this area the Competition Authority is absolutely independent in its functions. The matter of beef prices and allegations that there is anti-competitive activity has been investigated before and no hard evidence was produced. Consequently, it is not the intention of the Government to order a re-investigation. The Senators may remember that, when the last stand-off occurred between the farming organisations and the beef processors, we set up a group of three wise men, a powerful committee of eminent former public servants and eminent serving public servants, which produced a wide-ranging report that has been published. Its conclusion was that there was no cartel in the industry at that time.

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