Ten years ago today, new rules to bolster competition law enforcement in Ireland – set out in the Competition Act 2002 – entered into force.
Introducing the new law, then Minister for Enterprise, Trade and Employment, Mary Harney, heralded “ … a more focused approach towards penalisation of anti-competitive activities, more sensible arrangements for how we handle mergers and acquisitions, and a strengthened Competition Authority.”
How have the 2002 rules fared and why, 10 years later, is the troika pressing for new competition law penalties and a strengthened Competition Authority?
Read the full article here: Boom, Bust and Bailout: A Tale of Modern Irish Competition Law