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ARTICLE · 11 AUGUST 2014

The Competition And Consumer Protection Act Will Come Into Force On 31 October 2014

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The Competition and Consumer Protection Act was signed by the President on 28 July and is scheduled to come into force on 31 October 2014.

IrelandAntitrust/Competition Law
Helen Kelly
Helen Kelly
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The Competition and Consumer Protection Act ("Act") was signed by the President on 28 July and is scheduled to come into force on 31 October 2014.
 
The Act contains important reforms including:

  • Merger of the Competition Authority and the National Consumer Agency to create a new body, the Competition and Consumer Protection Commission ("CCPC");
  • New merger notification thresholds and procedural changes to the merger control regime;
  • Fundamental restructuring of the media merger regime which will be commenced separately by the Minister for Communications;
  • Creation of a new competition offence and strengthened enforcement powers; and
  • New provisions to prohibit certain unfair trading practices between businesses in the groceries sector.

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