New legislation to tackle white-collar crime – don't hold your breath

I see the Government has introduced new competition law.

The new legislation will, allegedly, tackle white-collar crime by imposing heavy fines and prison terms.

The new measures will also, allegedly, make it easier for the Competition Authority to secure convictions against those who flout the law.

There’s just one problem, Irish ‘law enforcement’ authorities do not actually enforce law when it comes to white-collar crime.

So no matter how impressive the legislation, no matter how many promises the politicians make that this time it will be different, nothing will change until we see the white-collar criminals in jail.

Irish citizens are strongly advised not to hold their breath.