This paper argues that the Irish economy is characterised by high levels of industrial concentration and weak competition. Competition rules introduced in 1991 and strenghthened in 1996 have had a significant effect in many markets, but those with the most extremely anti-competitive markets have remained from these rules. In some instances, political lobbying has resulted in unjustified protection from competition. The paper recommends that further improvements to competition rules are required and, most importantly, that all sectors of the economy should be exposed to these rules in a way that is not susceptible to political interference.
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Paper provided by Trinity College Dublin, Department of Economics in its series Economics Policy Papers with number
971.
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Find related papers by JEL classification: L40 - Industrial Organization - - Antitrust Issues and Policies - - - General K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
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