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Competition and Consumer Protection Commission

Dáil Éireann Debate, Thursday - 12 October 2017

Thursday, 12 October 2017

Questions (58)

Niall Collins

Question:

58. Deputy Niall Collins asked the Tánaiste and Minister for Business, Enterprise and Innovation the position regarding the study by the CCPC into the personal contract plan car finance market. [43343/17]

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Written answers

Section 9(5) of the Competition and Consumer Protection Act 2014 provides that the Competition and Consumer Protection Commission (CCPC) is independent in the performance of its functions.

While, I, as Minister for Business, Enterprise and Innovation have no direct function in the day to day operations of the Agency including in relation to its research activities, I understand that to date the CCPC has met with the Department of Finance, Central Bank, industry representatives and traders in relation to the personal contract plan car finance market. They have also conducted market research and received information from other stakeholder groups including consumers. The CCPC plans to finalise its report within the next two months.

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