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In a further indication that modernisation will be one of the Competition Authority's top priorities in 2013, it recently issued secondary legislation concerning the merger control regime. The revised guidelines reflect the changes introduced to the merger control regime in recent months, including amended turnover thresholds and the removal of the 'affected market' criterion in notifiability analysis.
Healthcare & Life Sciences
The Competition Authority recently concluded its investigation into the pharmaceutical sector. The report notes two main concerns in relation to regulation in the pharmaceutical sector - protecting public health and ensuring the sustainability of pharmaceutical expenditure. The authority focused on the latter, with its investigation concentrating on the development of price competition at the supplier level.