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Competition Authority (Ireland)
The Competition Authority (TCA) was responsible for enforcing Irish and European competition law in the Republic of Ireland and promoting competition in the economy. In 2014 it was amalgamated with the National Consumer Agency to form the Competition and Consumer Protection Commission. Purpose and powers Consumers were at the core of the Competition Authority's work. Its aim was to make sure that competition worked for the benefit of all consumers who bought products and services in Ireland. This included businesses, the State and its agents, as well as individuals. It had the power to investigate if there was evidence that businesses were involved in anti-competitive practices, such as price-fixing Price fixing is an anticompetitive agreement between participants on the same side in a market to buy or sell a product, service, or commodity only at a fixed price, or maintain the market conditions such that the price is maintained at a given ..., or that businesses were ab ...
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Public Service Bodies Of The Republic Of Ireland
The public service ( ga, seirbhís phoiblí) of Ireland refers to the entirety of public administration within the state government apparatus. The Irish Department of Public Expenditure and Reform defines the Irish public service as consisting of: * Civil Service * Defence sector * Education sector * Justice sector * Health sector * Local authorities * Non-Commercial State Agencies or NCSA. Two-thirds of the public service is in the health and education sectors (doctors, nurses, healthcare assistants (HCAs), consultants, teachers, classroom assistants, etc.). Civil service The Civil Service of Ireland is the collective term for the permanent staff of the departments of state and certain state agencies who advise and work for the Government of Ireland. It consists of two broad components, the Civil Service of the Government and the Civil Service of the State. Whilst these two components are largely theoretical they do have some fundamental operational differences. The Civil ...
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Department Of Enterprise, Trade And Employment
The Department of Enterprise, Trade and Employment ( ga, An Roinn Fiontar, Trádála agus Fostaíochta) is a department of the Government of Ireland. It is led by the Minister for Enterprise, Trade and Employment who is assisted by two Ministers of State. Departmental team * Minister for Enterprise, Trade and Employment: Simon Coveney, TD ** Minister of State for Employment Affairs and Retail Businesses: Damien English, TD ** Minister of State for Trade Promotion, Digital and Company Regulation: Dara Calleary, TD *Secretary General of the Department: Orlaigh Quinn Overview The official headquarters and ministerial offices of the department are at Kildare Street, Dublin. It is one of the most important economic departments in the Irish Government, responsible for the implementation of policy in five key areas: * Enterprise, Innovation, Growth * Quality Work and Learning * Making Markets and Regulation work better * Quality, Value and Continuous Improvement * the European U ...
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Competition And Consumer Protection Commission
The Competition and Consumer Protection Commission (CCPC) is the Competition regulator in Ireland. It is an Irish state agency established in 2014, combining the previous functions of the Competition Authority and the National Consumer Agency. The amalgamation was effected by the Fine Gael–Labour coalition government as part of a reduction in state spending in response to the post-2008 Irish economic downturn The post-2008 Irish economic downturn in the Republic of Ireland, coincided with a series of banking scandals, followed the 1990s and 2000s Celtic Tiger period of rapid real economic growth fuelled by foreign direct investment, a subsequent p ...; the new body also has increased powers. References External links * 2014 establishments in Ireland Government agencies of the Republic of Ireland Competition regulators Consumer rights agencies Regulation in Ireland Department of Enterprise, Trade and Employment {{Ireland-org-stub ...
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Republic Of Ireland
Ireland ( ga, Éire ), also known as the Republic of Ireland (), is a country in north-western Europe consisting of 26 of the 32 counties of the island of Ireland. The capital and largest city is Dublin, on the eastern side of the island. Around 2.1 million of the country's population of 5.13 million people resides in the Greater Dublin Area. The sovereign state shares its only land border with Northern Ireland, which is part of the United Kingdom. It is otherwise surrounded by the Atlantic Ocean, with the Celtic Sea to the south, St George's Channel to the south-east, and the Irish Sea to the east. It is a unitary, parliamentary republic. The legislature, the , consists of a lower house, ; an upper house, ; and an elected President () who serves as the largely ceremonial head of state, but with some important powers and duties. The head of government is the (Prime Minister, literally 'Chief', a title not used in English), who is elected by the Dáil and a ...
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Competition Law
Competition law is the field of law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies. Competition law is implemented through public and private enforcement. It is also known as antitrust law (or just antitrust), anti-monopoly law, and trade practices law. The history of competition law reaches back to the Roman Empire. The business practices of market traders, guilds and governments have always been subject to scrutiny, and sometimes severe sanctions. Since the 20th century, competition law has become global. The two largest and most influential systems of competition regulation are United States antitrust law and European Union competition law. National and regional competition authorities across the world have formed international support and enforcement networks. Modern competition law has historically evolved on a national level to promote and maintain fair competition in markets principally within the territorial boun ...
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National Consumer Agency
The National Consumer Agency (NCA; ga, Gníomhaireacht Náisiúnta Tomhaltoirí) was a statutory body enforcing consumer protection in Ireland from 2007 to 2014, when it amalgamated with the Competition Authority to form the Competition and Consumer Protection Commission. Establishment The NCA was preceded by the office of Director of Consumer Affairs established by the Consumer Information Act 1978, which was a civil service office under the Minister for Industry, Commerce and Energy. The NCA's origins can be traced to the setting up of the Consumer Strategy Group (CSG) in March 2004. The Consumer Protection Act 2007 implemented many of the group's recommendations, including replacing the Director of Consumer Affairs with an independent agency. Work The CSG presented its report“Making Consumers Count” to the then Minister for Enterprise, Trade and Employment, Micheál Martin, in April 2005. Among the report's key recommendations was the establishment of a new agency ...
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Price-fixing
Price fixing is an anticompetitive agreement between participants on the same side in a market to buy or sell a product, service, or commodity only at a fixed price, or maintain the market conditions such that the price is maintained at a given level by controlling supply and demand. The intent of price fixing may be to push the price of a product as high as possible, generally leading to profits for all sellers but may also have the goal to fix, peg, discount, or stabilize prices. The defining characteristic of price fixing is any agreement regarding price, whether expressed or implied. Price fixing requires a conspiracy between sellers or buyers. The purpose is to coordinate pricing for mutual benefit of the traders. For example, manufacturers and retailers may conspire to sell at a common "retail" price; set a common minimum sales price, where sellers agree not to discount the sales price below the agreed-to minimum price; buy the product from a supplier at a specified maxi ...
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Cartels
A cartel is a group of independent market participants who collude with each other in order to improve their profits and dominate the market. Cartels are usually associations in the same sphere of business, and thus an alliance of rivals. Most jurisdictions consider it anti-competitive behavior and have outlawed such practices. Cartel behavior includes price fixing, bid rigging, and reductions in output. The doctrine in economics that analyzes cartels is cartel theory. Cartels are distinguished from other forms of collusion or anti-competitive organization such as corporate mergers. Etymology The word ''cartel'' comes from the Italian word '' cartello'', which means a "leaf of paper" or "placard", and is itself derived from the Latin ''charta'' meaning "card". The Italian word became ''cartel'' in Middle French, which was borrowed into English. In English, the word was originally used for a written agreement between warring nations to regulate the treatment and exchange of ...
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Monopolies
A monopoly (from Greek el, μόνος, mónos, single, alone, label=none and el, πωλεῖν, pōleîn, to sell, label=none), as described by Irving Fisher, is a market with the "absence of competition", creating a situation where a specific person or enterprise is the only supplier of a particular thing. This contrasts with a monopsony which relates to a single entity's control of a market to purchase a good or service, and with oligopoly and duopoly which consists of a few sellers dominating a market. Monopolies are thus characterized by a lack of economic competition to produce the good or service, a lack of viable substitute goods, and the possibility of a high monopoly price well above the seller's marginal cost that leads to a high monopoly profit. The verb ''monopolise'' or ''monopolize'' refers to the ''process'' by which a company gains the ability to raise prices or exclude competitors. In economics, a monopoly is a single seller. In law, a monopoly is a busi ...
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Defunct Government Agencies Of Ireland
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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Consumer Organisations In Ireland
A consumer is a person or a group who intends to order, or uses purchased goods, products, or services primarily for personal, social, family, household and similar needs, who is not directly related to entrepreneurial or business activities. The term most commonly refers to a person who purchases goods and services for personal use. Consumer rights “Consumers, by definition, include us all," said President John F. Kennedy, offering his definition to the United States Congress on March 15, 1962. This speech became the basis for the creation of World Consumer Rights Day, now celebrated on March 15. In his speech : John Fitzgerald Kennedy outlined the integral responsibility to consumers from their respective governments to help exercise consumers' rights, including: *The right to safety: To be protected against the marketing of goods that are hazardous to health or life. *The right to be informed: To be protected against fraudulent, deceitful, or grossly misleading informat ...
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