Seanad debates

Thursday, 10 July 2014

Competition and Consumer Protection Bill 2014: Committee Stage

 

3:40 pm

Photo of Feargal QuinnFeargal Quinn (Independent) | Oireachtas source

Retention of title is something some companies seek and to which some companies agree and I do not believe legislation for this is required, as it is normal negotiation. If a retailer is buying from a supplier who wishes to retain the title while it is still there and if the retailer does not wish to so do, the deal then does not go ahead. It is normal business practice to do this but legislation is not required for it.

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