The Competition and Consumer Protection Commission (the "CCPC") has published its Annual Report for 2016, its second such report since it was established in October 2014. The clear emphasis of the 2016 Annual Report is on enforcement activity, with the CCPC highlighting cartel investigations as an ongoing key priority area, and stepping up calls for greater civil fining powers for competition enforcement. In addition to calling out its investigations in the motor insurance, retail, public transport procurement and private rental sectors, and its substantial merger caseload, the CC impact of Brexit as a fundamental challenge.
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This article contains a general summary of developments and is not a complete or definitive statement of the law. Specific legal advice should be obtained where appropriate.