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- By LK Shields
New Powers to Impose Fines and Sanctions Introduced by the Competition (Amendment) Act 2022
The Competition (Amendment) Act 2022 will introduce numerous changes to the regulation and enforcement of competition law in Ireland.
The Act will bring Irish competition law in line with the EU ECN+ Directive, which ensures that national competition authorities across the EU have similar powers for investigations and enforcement. The Act gives greater powers to the Competition and Consumer Protection Commission (CCPC) to carry out their functions relating to the oversight and enforcement of competition law in Ireland.
This article focuses on a review of the new powers that the CCPC will have to impose fines or sanctions.
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