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Irish Competition Law
From Wikipedia, the free encyclopedia
The Irish Competition Law is the Irish body of legal rules designed to ensure fairness and freedom in the marketplace. It is comparable to, but different in certain key respects, from European Union competition law. There are some similarities to the anti-trust law of the United States of America but the differences (particularly in relation to merger control and the way in which breaches are punished) are substantial.
Irish competition law is derived from two primary sources: statues (or acts) enacted by the Irish Parliament (the Oireachtas) and common law (or judge-made law).
All rules of Irish competition law must be in conformity with, and not in conflict with, European Union competition law.
The key provisions of Irish competition law (a) usually outlaw anti-competitive arrangements between businesses and people in business (so-called undertakings); (b) always outlaw the abuse of dominance by undertakings; (c) control certain mergers and acquisitions; and (d) control certain activities in the grocery sector.
The regime is administered by the Irish Competition Authority but any aggrieved person may take proceedings in the courts or make complaints to the Competition Authority. The Competition Authority is always subject to the supervision of the courts.
- Vincent J G Power, Competition Law and Practice (Tottel)
- Alan J W McCarthy and Vincent J GPower, Competition Act 2002 (Tottel)