Significant and wide-ranging new powers of investigation, intervention and enforcement are proposed to be given to the Irish Competition and Consumer Protection Commission (CCPC), under the Competition (Amendment) Act 2022.
Contact usOn 24 September 2020, the Commission adopted its new Digital Finance Package. The aim of this package is to ensure that the EU legal framework will be fit for purpose into the future, particularly in light of the pace at which the digital revolution is reshaping financial services.
EU, Competition & ProcurementIreland has published the "General Scheme" of the Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Bill 2020.
BrexitOn 2 October 2020, the EU and UK concluded their ninth round of negotiations on the future UK-EU relationship.The negotiations had been held between 29 September and 2 October.
Brexit
On 2 October 2020, the European Commission announced that it is considering extending the COVID-19 Temporary Framework on State Aid until 30 June 2021.
COVID-19When the history of Brexit is written, much will be made about the letters which have travelled between Brussels and London.
BrexitSupreme Court outlines a Proposed Approach for Discovery in Procurement Cases - Word Perfect Translation Services Limited v Minister for Public Expenditure and Reform, judgment of the Supreme Court of 25 September 2020
EU, Competition & ProcurementThe European Union (EU) "Foreign Direct Investment Regulation" or "FDI Regulation" applies from 11 October 2020
EU, Competition & ProcurementOn 28 February 2020, Ireland's Competition and Consumer Protection Commission (CCPC) announced that it had closed its investigation into alleged anti-competitive practices in the "bagged cement sector".
EU, Competition & Procurement
On 25 August 2020, the European Commission approved Ireland's plan to provide €50m worth of State aid to the Irish beef sector to address the impact of COVID-19.
COVID-19
On 14 August 2020, the European Commission approved, under the EU State aid rules, a €2bn loan guarantee programme by Ireland to support businesses affected by COVID-19.
COVID-19On 13 August 2020, the European Commission and the UK Government published the agenda for the seventh round of the UK-EU Future Relationship Agreement. This round will be held between 18 and 21 August 2020 in Brussels.
BrexitA group of 16 major European banks has announced the implementation phase of a new unified payment scheme and solution called the European Payments Initiative (EPI).
EU, Competition & Procurement
