More powers will be given to identify breaches of competition law and to apply sanctions.
The Tánaiste has reiterated his commitment to giving the competitions watchdog more powers to identify breaches of competition law and to apply sanctions.
The Competition and Consumer Protection Commission has written to the Central Bank with concerns over the insurance sector, following a 5-year investigation into alleged price-signalling.
Six insurance companies have signed an agreement with the CCPC - committing to reform their internal competition law programmes.
Director of the Alliance for Insurance Reform, Peter Boland, says the government should be giving the CCPC more powers, and more:
Minister of State Department of Enterprise, Trade and Employment, and Longford Westmeath TD Robert Troy, insists more powers are on the way for the CCPC:
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