knowledge | 31 March 2021
What recent CBI fines may mean for Irish Competition Law Enforcement
Under new ECN+ rules, the CCPC will have power to fine businesses like those of the Central Bank of Ireland, the only Irish regulator with an established track record of imposing meaningful fines. What lessons might the CCPC take from CBI practice, particularly the CBI’s recent €4.1 million Davy and €37.7 million Ulster Bank fines?
This document has been prepared by McCann FitzGerald LLP for general guidance only and should not be regarded as a substitute for professional advice. Such advice should always be taken before acting on any of the matters discussed.