Competition Law Proposals

Author:Ms Helen Kelly
Profession:Matheson Ormsby Prentice
 
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The Minister for Jobs, Enterprise and Innovation has published the Competition (Amendment) Bill 2011. The main objective of the Bill is to strengthen competition law enforcement and provide for new and increased sanctions and penalties. The Bill includes provisions to distinguish between private enforcement and public enforcement of civil actions with regard to competition law and provides for separate public enforcement provisions to be taken by the Competition Authority. It provides for amendment of Section 160 of the Companies Act 1990. The provision will allow a Court either on its own motion or on foot of an application to it from either the Competition Authority...

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