David Cullinane (Sinn Fein) | Oireachtas source

I move amendment No. 14:

In page 86, between lines 10 and 11, to insert the following:“(2) A retailer defined as a relevant grocery goods undertaking must disclose the annual profits of its Irish outlets.”.

This has been a contentious issue for some time. Large retailers such as Tesco do not make public the annual profits they generate in Irish outlets. This Bill gives us an opportunity to compel or force them to do so. There is merit in that because we are talking here about competition and making comparisons between retailers and the money being made. This amendment will strengthen the Bill, given what it is trying to do.
I have not read the Dáil exchanges so I am not sure how the Minister responded to this amendment. I fail to understand why this amendment could not be accepted because it would surely be a good thing to force all companies, including Tesco and others, to publish their annual profits. I do not see how that would be in any way contentious. I can only see it adding value.