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Competition Law

Dáil Éireann Debate, Thursday - 24 May 2018

Thursday, 24 May 2018

Questions (99)

Pearse Doherty

Question:

99. Deputy Pearse Doherty asked the Minister for Business, Enterprise and Innovation her plans to order a break up of the big four accounting and auditing firms as is being discussed in the United Kingdom; the research or discussions that have taken place in her Department on the issue; and if she will make a statement on the matter. [22951/18]

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Written answers

The Competition and Consumer Protection Commission (CCPC) is the statutory independent body responsible for the enforcement of domestic and EU competition law in the State.  Section 9 (5) of the Competition and Consumer Protection Act 2014 provides that the Commission is independent in the performance of its functions, including carrying out investigations of alleged anti-competitive practices or abuses of dominance.  As investigations and enforcement matters generally are part of the day-to-day operational work of the Commission, I, as Minister for Business, Enterprise and Innovation, have no direct function in the matter.

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