The European Antitrust Review 2011

Ireland

01 September 2010

Competition law in Ireland is consolidated in one main statute, the Competition Act 2002 to 2010 (the Act).1 Part 3 of the Act, which relates to merger control, came into force on 1 January 2003. The remainder of the Act came into force on 1 July 2002. The minister for enterprise, trade and innovation (the minister) has confirmed that work is progressing on draft legislation to deal with changes to the overall operation and implementation of the Act and the merger of the Competition Authority (the Authority) and the National Consumer Agency (NCA), which was proposed by the Irish government in the 2008 budget. The Central Bank Reform Act 2010 has assigned the ‘consumer and education’ roles of the Irish Financial Regulator to the NCA.2 The NCA assumed these functions in March 2010.