Competition authority launches investigation into Dublin Port Company
The investigation is into suspected breaches of competition law around the provision of port infrastructure and port towage services.
The competition authority has launched an investigation into suspected breaches of competition law by the Dublin Port Company in relation to the provision of port infrastructure and port towage services.
The Dublin Port Company is the largest port in the country. Between April and June, it handled over half of all goods that arrived by ship into Ireland and managed 61% of all freight vessels that arrived here.
In a statement, the Competition and Consumer Protection Commission (CCPC) said the services at the centre of the investigation āare crucial for the safe navigation and operation of vessels, and therefore for the efficiency of trade and transport in the regionā.
The CCPC would not provide any further comment on the investigation. The CCPC is the statutory body responsible for enforcing and promoting compliance with competition, consumer protection and product safety law in Ireland.
In a statement, Dublin Port Company said it acknowledges the investigation initiated CCPC in relation to port towage services.
āWe are fully committed to assisting the CCPC throughout the investigation.
āAs this is an ongoing matter, Dublin Port Company will not be making any further comment at this time. We remain dedicated to upholding the highest standards of service and compliance across all our operations.ā
According to the most recent figures from the Central Statistics Office, during the second quarter Dublin Port handled over 6.4 million tonnes of goods which is nearly three times the next busiest port at Shannon Foynes.
Last year, the Dublin Port Company reported turnover of ā¬101.5m with an operating profit of ā¬38.7m.
It is a private company wholly-owned by the State.
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