Planned new laws will give regulators power to tighten controls on pricing and contracts

A public consultation has been opened for consumers and businesses

The proposals also target bid-rigging, a practice in which companies secretly co-operate when bidding for public contracts. Stock image: Getty

Consumers could see stronger protections and faster enforcement under new plans that would give regulators the power to fine companies, and tighten rules around pricing and contracts.

The Government has opened a public consultation on proposed changes to consumer and competition law, aimed at making the system easier to enforce and easier for people to understand.

The consultation has been launched by the Department of Enterprise, Tourism and Employment and forms part of the Consumer Protection, Competition and Enforcement Bill 2026.

At the centre of the proposals is a plan to give the Competition and Consumer Protection Commission (CCPC) the power to impose financial penalties on companies that seriously breach consumer law.

At the moment, many cases must go through the courts, which can take a long period of time. Allowing the CCPC to issue fines directly in certain cases is intended to speed up enforcement and act as a stronger deterrent.

The Government is proposing changes to the Consumer Rights Act 2022 to make the rules clearer. This includes clearer rules on price reductions, sales promotions and consumers’ rights to cancel contracts – areas that often cause confusion, particularly for online shoppers.

The proposals also target bid-rigging, a practice in which companies secretly co-operate when bidding for public contracts.

Under the plans, the CCPC would be allowed to examine public procurement data to identify patterns that may suggest collusion.

According to Enterprise Minister Peter Burke, the proposals aim to strengthen trust in the marketplace: “I welcome this consultation as an important step in strengthening our fair, competitive environment where businesses can thrive and consumers are protected.

“Clear, proportionate rules and effective enforcement benefit everyone, and I encourage both industry and consumer voices to engage so we can shape legislation that supports growth and trust in our markets.”

According to junior trade promotion minister Niamh Smyth, the review is about updating laws: “Consumers are the cornerstone of a healthy economy. We want to make sure our laws keep pace with evolving markets, digital products and EU standards so that businesses and consumers alike can thrive.”

The consultation is open to individuals, businesses and consumer groups. Submissions can be made until February 27, 2026.

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