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Standards of Competition in the Irish Economy

Author

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  • John Fingleton

Abstract

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.

Suggested Citation

  • John Fingleton, 1997. "Standards of Competition in the Irish Economy," Economics Policy Papers 971, Trinity College Dublin, Department of Economics.
    • Handle: RePEc:tcd:tcduep:971
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    File URL: http://www.tcd.ie/Economics/TEP/1997/1997%20Policy%20Papers/Policy%20Paper%20Number%2097-1.htm
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    Citations

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    Cited by:

    1. Shinnick, Edward, 2003. "Aspects of Regulatory Reform in the Irish Solicitor Profession: Review & Evaluation," Quarterly Economic Commentary: Special Articles, Economic and Social Research Institute (ESRI), vol. 2003(2-Summer), pages 1-15.
    2. Paul Gorecki, 2011. "Do you believe in magic? Improving the quality of pharmacy services through restricting entry and aspirational contracts, the Irish experience," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 12(6), pages 521-531, December.

    More about this item

    JEL classification:

    • L40 - Industrial Organization - - Antitrust Issues and Policies - - - General
    • K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law

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