CCPC opens consultation on Settlement Procedures
August 12, 2024
The Competition and Consumer Protection Commission (CCPC) has opened a public consultation on a proposed procedure for agreeing settlements in competition law investigations. Interested parties are invited to share their views.
The Competition (Amendment) Act 2022, which came into operation last year, expanded the CCPC’s power to enforce EU and Irish competition law and introduced several changes to how competition law is enforced in Ireland. This included empowering the CCPC to fine businesses who are found to have breached competition law.
The Settlement Procedure outlines the CCPC’s proposed approach to entering into discussions and agreeing a settlement with parties under investigation for a suspected breached of competition law.
For more information read the Consultation on Settlement Procedure.
The consultation will run until 5pm, Friday 20 September 2024.
Information on previous consultations is available at Competition law developments in 2022.
The finalised policies are available at CCPC Competition Law.
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