Ireland: Hitting below the belt
Will the repeal of the Groceries Order herald a new dawn in Irish retailing? Bonnie Costelloe and Donogh Hardiman report on the Irish ban on below-cost selling
On 20 March, 2006, the Competition (Amendment) Act 2005 came into force in the Republic of Ireland. The primary purpose of the Amendment Act is the repeal of the Restrictive Practices (Groceries) Order 1987 which prohibited, together with certain other conduct, the selling of groceries below net invoice price, a practice commonly referred to as ‘below-cost selling’.
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