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Irish competition authority gives pointers for regulation of buyer power in retail sector

By Lewis Crofts ( November 12, 2009, 16:25 GMT | Insight) -- As some EU states pass legislation to regulate buyer power in the retail and supermarket sector, William Prasifka, the head of Ireland’s competition authority, has recommended keeping a “competition test” at the heart of any scrutiny. He has also cast doubt over the effectiveness of codes of conduct or ombudsmen. For him, planning laws and facilitating market access are the keys to countering buyer-power concerns.As some EU states pass legislation to regulate buyer power in the retail and supermarket sector, William Prasifka, the head of Ireland’s competition authority, has recommended keeping a “competition test” at the heart of any scrutiny. He has also cast doubt over the effectiveness of codes of conduct or ombudsmen. For him, planning laws and facilitating market access are the keys to countering buyer-power concerns....

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