I propose to take Questions Nos. 126 and 143 together.
The Competition Act, 2002 was introduced on foot of the Report of the Competition and Mergers Review Group which made a number of recommendations in relation to national competition and merger law. In addition to implementing many of those recommendations, the Act consolidated the previous competition and mergers legislation into one statute.
As the majority of the provisions in the Act have been in force for more than five years, it was considered time to review how the legislation is operating in practice. In October, 2007, my Department published advertisements in national newspapers seeking submissions on the operation and implementation of the Act.
A number of submissions have been received from a variety of interested parties, including legal practitioners, trade unions, representative bodies and the Competition Authority. These submissions cover a range of issues, many of a technical nature, which are currently being considered by my officials.
I expect to have a report from my officials by the end of the year.