![Under the Competition (Amendment) Act 2022, the CCPC can issue civil fines of up to €10m, or 10% of a firm’s global turnover, for breaches of Irish and EU competition law. Picture: Simon Dawson/Bloomberg <p> Under the Competition (Amendment) Act 2022, the CCPC can issue civil fines of up to €10m, or 10% of a firm’s global turnover, for breaches of Irish and EU competition law. Picture: Simon Dawson/Bloomberg</p>](https://www.irishexaminer.com/cms_media/module_img/7544/3772132_16_dashboardbig_1387195_1387195.jpg)
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Irish competition watchdog gets more teeth today as new law takes effect
The Competition and Consumer Protection Commission can now levy fines of €10m or 10% of a firm's global turnover, and can unwind mergers or acquisitions arranged without its clearance