Ruling ‘may impact on enforcement of Irish competition law’

The Supreme Court's dismissal of the Competition Authority's case against the Irish League of Credit Unions (ILCU) may have a major impact on the enforcement of Irish competition law, according to solicitors McCann FitzGerald.

Ruling ‘may impact on enforcement of Irish competition law’

The Supreme Court's dismissal of the Competition Authority's case against the Irish League of Credit Unions (ILCU) may have a major impact on the enforcement of Irish competition law, according to solicitors McCann FitzGerald.

In its ruling of May 8 2007, the Supreme Court overturned a High Court finding that the ILCU had abused a dominant position and thereby foreclosed the purported market for "credit union representation services" because credit unions were discouraged as a result from joining rival associations.

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