Competition (Amendment) Act 2022

Be prepared and up to speed on the significant and wide-ranging new powers of investigation, intervention and enforcement being given to the Irish Competition and Consumer Protection Commission (CCPC), under the Competition (Amendment) Act 2022. The main changes will:

  • for the first time, allow the CCPC to directly impose administrative / civil fines for breaches of competition law
  • provide a leniency programme for breaches of competition law
  • provide additional powers of surveillance to the CCPC to investigate certain criminal offences
  • change the merger control rules, including by granting the CCPC a "call in" power for certain "below threshold" deals to be notified.