Written answers

Wednesday, 15 June 2005

Department of Communications, Energy and Natural Resources

Company Takeovers

9:00 pm

Photo of Jack WallJack Wall (Kildare South, Labour)
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Question 8: To ask the Minister for Communications, Marine and Natural Resources his reaction to the purchase of a company (details supplied); his views on the consequences for this sector here of this development; and if he will make a statement on the matter. [19901/05]

Photo of Noel DempseyNoel Dempsey (Meath, Fianna Fail)
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I have no statutory function in the matter raised by the Deputy.

Decisions taken by the company to which he refers, or any other operator in a fully liberalised market, to acquire another company are a commercial matter for that company and the Competition Authority and not one in which I have a function.

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