Dáil Éireann Debate, Tuesday - 18 September 2012
621. Deputy Thomas P. Broughan asked the Minister for Jobs, Enterprise and Innovation his views on the potential lack of competition in the retail book distribution sector if a recently proposed takeover (details supplied) goes ahead; if he has been briefed by the Competition Authority on this matter; and if he will make a statement on the matter. [38897/12]
View answerThe Competition Authority is the independent statutory body responsible for merger and acquisition control in the State and apart from a role in relation to media mergers I, as Minister for Jobs, Enterprise and Innovation, have no direct function in relation to merger and acquisition matters under the Competition Act 2002.
I am aware however of the proposed acquisition and I understand that the Authority is engaged with the parties concerned. In light of this, I do not believe that it is appropriate to comment further.
