The Cabinet is today expected to approve plans by Enterprise Minister Micheál Martin to abolish the Groceries Order banning below cost selling in Ireland.

Enterprise Minister Micheál Martin is reportedly planning to take steps this week to abolish the regulations banning below-cost selling in Ireland.

The Irish Small and Medium Enterprises Association (ISME) has expressed its opposition to renewed calls for an end to the ban on below-cost selling.

The Government’s Consumer Strategy Group has reportedly recommended that the ban on below-cost selling designed to protect small retailers be scrapped in the interest of competition.

The employers' body IBEC has expressed its opposition to renewed calls for the lifting of the ban on below-cost selling.