Competition watchdog blocks sale of car park to Daa

The proposed deal would have 'likely to lead to higher prices for consumers because Daa would not have to compete to win car parking customers', said the CCPC

Dublin Airport. File photo

Cáit Caden Competition watchdog Competition and Consumer Protection Commission (CCPC) has blocked the Daa from purchasing a car park near Dublin Airport over concerns it would lead to higher prices for customers.

The Daa, the State-owned company in charge of the operation and management of Dublin and Cork airports, proposed to buy a car park located on the Swords Road in Santry from Gerard Gannon, but the CCPC has stopped the transaction.