Friday 2 December 2016

Editorial: Welcome boost for those business people who play by the rules

Published 24/03/2014 | 02:30

All the citizens of the country may be in for some good news for a change.

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The Government is tomorrow expected to clear the way for the Consumer and Competition Act, which has the potential to bring a number of benefits. One is the merger of the Consumer Agency and the Competition Authority, which will advance the Government's promise to reduce the number of quangos and the cost of duplication.

But the planned law also proposes a new get-tough attitude in progressing consumer protection with a clampdown on cartels and restrictive practices like price-fixing which are inimical to citizens' rights. It also plans more comprehensive measures that could see the authorities finally take white-collar crime every bit as seriously as more traditional forms of criminal activity.

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