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The Competition Act 2002 has marked a substantial step forward in the development of strong and proactive competition policy in Ireland. This handy paperback outlines and clarifies the Competition Act 2002 and the enhanced powers and functions of the authority brought about by the new Act.;The Competition Act 2002 provides for: stronger public enforcement of competition law with five-year penalties for hardcore cartel offences and new investigative powers, including powers of arrest and search; an enhanced role for the Competition Authority in studying and identifying restrictions on competition; and the transfer of the merger control function and the introduction of a new competition test.