The Irish Competition Authority Releases its 2013 Annual Report

On 27 February 2014, the Irish Competition Authority published its 2013 Annual Report. [1] A notable feature of this report is that it is the first report produced after Ireland exited its “bailout” by the Trokia: the IMF, ECB and EU. The Memorandum of Understanding 2010 Bailout required the Government to implement reforms in three areas: fiscal consolidation, financial sector reform and structural reforms. The latter included “measures to encourage competition in sheltered sectors of the economy.” [2]While Ireland was able to exit the bailout in December 2013, due to the successes of reforms in the former two areas, the Competition Authority noted: while considerable progress has been made in restructuring the public finances and the financial sector, some of the key competition

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Bruce Wardhaugh, The Irish Competition Authority Releases its 2013 Annual Report, 27 February 2014, e-Competitions February 2014, Art. N° 65335

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