Law Society warns against new powers given to watchdogs

Legal group claims that proposed changes to the forthcoming competition bill would damage Ireland’s attractiveness as an investment location

21st March, 2021
Law Society warns against new powers given to watchdogs
As part of the proposed legislation the CCPC would be granted additional powers to tackle “bid-rigging”, and would be permitted to undertake covert surveillance on persons suspected of operating cartels

New powers the government intends to grant to Ireland’s competition and telecoms watchdogs are draconian, the Law Society has claimed.

The representative group warned that proposed changes to legislation contained in the forthcoming Competition (Amendment) Bill 2021 would create “significant and unnecessary uncertainty and cost for Irish businesses”, and hamper Ireland’s attractiveness as an investment location.

The bill will transpose the EU's European Competition Network directive. It will enhance the...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Related Stories

Thirteen of the ‘Davy 16’ identified

Legal Rosanna Cooney 1 day ago

Magan loses bid to avoid legal bill for Castletown Cox case

Legal Róisín Burke 3 days ago

Davy claims developer Kearney’s new legal action is ‘opportunistic’

Legal Rosanna Cooney 3 days ago

US equity firm is trying to ‘wrest control’ of Strong Roots, court hears

Legal Rosanna Cooney 3 days ago