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Articles by Patrick Horan
Agri-Food Regulator Publishes Second Supplier Survey Results
Colin Kavanagh’s articles from Arthur Cox are most popular: with readers working within the Business & Consumer Services and Property industries Arthur Cox are most popular: within Law Department Performance, Antitrust/Competition Law and International Law topic(s) On 24 June 2026, An Rialálaí Agraibhia (the “Agri-Food Regulator”) published the results of its second annual supplier survey.
New CJEU Guidance On Dawn Raid Powers And Seizure Of Business Emails
Arthur Cox are most popular: within Antitrust/Competition Law, Law Department Performance and International Law topic(s) On 16 July 2026, the Court of Justice of the European Union (“CJEU”) delivered an important judgment in IMI – Imagens Médicas Integradas SA and Others v Autoridade da Concorrência,1 concerning the powers of competition authorities to seize electronic communications during antitrust investigations.
FDI Screening In Ireland: Recent Developments
Arthur Cox are most popular: within Law Department Performance and Antitrust/Competition Law topic(s) The revised EU FDI Screening Regulation (the “FDI Regulation”) was adopted in June 2026 and Member States have until 17 January 2028 to ensure their national screening regimes comply with its requirements. This update looks at the key features of the FDI Regulation and its impact on Ireland’s FDI screening regime.
What Are The New Irish Merger Control Thresholds?
Richard Ryan’s articles from Arthur Cox are most popular: within Antitrust/Competition Law topic(s) with readers working within the Media & Information and Securities & Investment industries Arthur Cox are most popular: within Antitrust/Competition Law and Law Department Performance topic(s) The Minister for Enterprise, Tourism and Employment has signed a Ministerial Order increasing the financial thresholds for mandatory merger notification to the Competition and Consumer Protection...
Irish Merger Control In Focus: The CCPC's First Call-in And Threshold Reform
Richard Ryan’s articles from Arthur Cox are most popular: within Antitrust/Competition Law topic(s) with readers working within the Media & Information and Securities & Investment industries Arthur Cox are most popular: within Antitrust/Competition Law and Law Department Performance topic(s) Irish merger control is being reshaped at both policy and enforcement level.
Government Publishes Media Regulation Bill
Richard Ryan’s articles from Arthur Cox are most popular: within Antitrust/Competition Law topic(s) Arthur Cox are most popular: within Antitrust/Competition Law, Law Department Performance, Litigation and Mediation & Arbitration topic(s) On 19 February 2026, the Minister for Culture, Communications and Sport (the "Minister") announced Government approval to publish the Media Regulation Bill 2026 (the "Media Regulation Bill").
Government publishes Media Regulation Bill
The Media Regulation Bill proposes a number of changes to the Competition Act 2002 (as amended) (“Competition Act”) to give effect to Ireland’s obligations under the European Media Freedom Act (“EMFA”)[1], including changes to the existing media merger regime.[2] If adopted, the Media Regulation Bill will widen the scope of Ireland’s existing media merger regime, while excluding certain transactions that are unlikely to impact on media plurality or have a limited connection to Ireland.
Legal developments shaping Ireland's agri-food sector for 2026
Ireland’s agri-food sector is entering a period of regulatory change, with new compliance requirements and evolving EU policy shaping considerations for businesses operating across the supply chain. This briefing provides an overview of the latest Irish and EU legal and regulatory developments in the agri-food sector, with a view to identifying relevant developments for businesses active in this sector for the year ahead.
Legal Developments Shaping Ireland's Agri-food Sector For 2026
Richard Ryan’s articles from Arthur Cox are most popular: within Food, Drugs, Healthcare and Life Sciences topic(s) in Ireland Arthur Cox are most popular: within Law Department Performance and Strategy topic(s) Ireland's agri-food sector is entering a period of regulatory change, with new compliance requirements and evolving EU policy shaping considerations for businesses operating across the supply chain.
Arthur Cox ranked as Elite in GCR 100 2026
05/12/2025 News Our Competition and Regulated Markets Group has been ranked “Elite” in the Global Competition Review (GCR) 100 for 2026 in Ireland. This recognition reflects our position as one of the leading competition and regulated markets practices in the country. The GCR 100 is a comprehensive guide to the world’s top antitrust and competition practices, and features firms from 61 jurisdictions across the world.
EU Competition Law Investigations: Extension Of Legal Professional Privilege To In-house Lawyers Rejected
Richard Ryan’s articles from Arthur Cox are most popular: within Antitrust/Competition Law topic(s) in United States Arthur Cox are most popular: within Law Department Performance and Strategy topic(s) A European Commission Competition Policy Brief published on 10 November 2025 entitled Legal professional privilege in competition law investigations: has the status of in-house lawyers changed?
The Gigabit Infrastructure Act: Supporting The Rollout Of High-capacity Communications Networks
The Gigabit Infrastructure Act ("GIA") is an EU Regulation (Regulation (EU) 2024/1309) designed to remove regulatory barriers and reduce deployment costs for gigabit broadband and 5G infrastructure across the EU. The GIA forms a key part of the EU's Digital Decade 2030 strategy and replaces the Broadband Cost Reduction Directive (Directive 2014/61/EU).
CCPC Publishes Update To Its Analysis Of Competition In The Irish Grocery Retail Sector
In 2023, the Competition and Consumer Protection Commission ("CCPC") carried out an analysis of competition in Ireland's grocery retail sector finding no signs of market failure or excessive pricing due to abuse of dominance. On 7 August 2025, the CCPC published an update to its 2023 analysis on the Irish grocery retail sector, reaffirming that, while food prices in Ireland have increased significantly in recent years, there remains no evidence that competition is not working in the sector.
Clean Industrial Deal State Aid Framework - An Opportunity To Accelerate Renewable Energy Development
On 25 June 2025, the European Commission adopted a new State aid framework accompanying its Clean Industrial Deal, a plan to accelerate decarbonisation, reindustrialisation and innovation within the EU (see our earlier briefing on the Clean Industrial Deal here). The adoption of this new State aid framework will support the objectives of the Clean Industrial Deal by making it easier for Member States to grant aid compatible with its objectives.
A New EMFA-sis On Ireland's Media Merger Regime
On 2 July 2025, the Minister for Culture, Communications and Sport (the "Minister") announced that the Government has approved the General Scheme of the Media Regulation Bill (the "Draft Media Bill").
We Deserve This Downgrade
On April 16, Moody’s downgraded the United States’ credit rating one notch from AAA, the best rating, to Aa1. This decision was issued just as the House Budget Committee considered the recent reconciliation bill. This bill, dubbed the “Big Beautiful Bill” by President Trump and subsequently passed by the House, is projected to add an extra $6 trillion to the national debt over the next 10 years.
The United States Needs To Pivot on Trade
By Patrick Horan On April 2, the Trump administration shocked the world by announcing a panoply of tariffs on most imported goods from practically every country. This “Liberation Day” policy included a 10% baseline tariff on goods from virtually all foreign countries and higher “reciprocal” tariffs on goods from countries with especially large trade surpluses with the United States. Not even tiny, remote islands uninhabited by humans (only by some penguins and seals) were spared.
How the Fed Should Deal With Tariffs
The Trump administration has radically reshaped American trade policy, enacting what may be the largest peacetime tax increase in history. On April 2, it announced sweeping “Liberation Day” tariffs on nearly all imported goods from every country. The plan includes a 10 percent universal tariff and higher “reciprocal” tariffs against countries with large trade surpluses with the United States.
US Tariffs: Next Steps For Irish Companies
AC Arthur Cox More Arthur Cox is one of Ireland’s leading law firms. For almost 100 years, we have been at the forefront of developments in the legal profession in Ireland. Our practice encompasses all aspects of corporate and business law. The firm has offices in Dublin, Belfast, London, New York and Silicon Valley. The current situation with respect to US tariffs is evolving on a weekly basis and is subject to change. What we know so far is that the US administration's 10%...
Argentina President Javier Milei Is Making Progress
Just over a year ago, Javier Milei, the eccentric, chainsaw-wielding libertarian economist, won the presidency in Argentina against a backdrop of soaring inflation and rising poverty. Since taking office, Milei has aggressively pursued a free-market program of fiscal austerity and deregulation. This approach contrasts strongly with Perónism, the strongly interventionist economic ideology followed by most Argentine presidents since its namesake, Juan Perón, rose to power in 1946.
Agri-Food Regulator: Deadline Looms For First Compliance Reporting
An important deadline is looming for those operating as "compliance reporting buyers" in the agricultural and food products supply chain. The Agricultural Food and Supply Chain Act 2023 (the "2023 Act") was enacted and commenced in its entirety in 2023. The key tenet of this legislation was the establishment of a new regulator – An Rialálaí Agraibhia (the "Agri-Food Regulator").
The Fed Needs to Learn from Its Inflation Mistakes. The Biggest Lesson.
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CJEU Judgment On UK CFC Rules Contrasts With Apple Judgment
On 19 September the Court of Justice of the European Union (CJEU) issued a judgment annulling the European Commission Decision concluding that an exemption in the UK Controlled Foreign Company ("CFC") legislation, relieving multinational groups from the full CFC charge in certain circumstances, constituted partially illegal State aid. The European Commission Decision concerned an exemption within the UK CFC rules known as the 'group financing exemption'.
The Fed Needs to Modernize Its Tactics
By Patrick Horan The Federal Open Market Committee (FOMC), the Federal Reserve’s monetary policy decision-making body, is set to begin cutting its interest rate target tomorrow. As recent as last week, the FOMC seemed set to cut the target by only 25 basis points – or a quarter of a percentage point. However, many economists and other observers are expecting a larger 50-basis-point cut.
The CJEU draws a line under the Apple State aid saga
The Court of Justice of the European Union (CJEU), sitting as the Grand Chamber has handed down its judgment in the Apple case. In 2016 the European Commission concluded that Ireland granted illegal State aid to two Apple group subsidiaries in two tax rulings granted in 1991 and 2007. The General Court had annulled this Decision, but the CJEU has upheld the Commission Decision in full and given final judgment on the matter with no remittance back to the General Court and no ability to appeal.
Dollar Devaluation Is a Dangerous Gambit
Donald Trump’s running mate, Senator J. D. Vance of Ohio, maintains that a weaker dollar is necessary for creating more manufacturing jobs. Additionally, in April, former U.S. Trade Representative Robert Lighthizer and other Trump advisers floated a proposal to “devalue” the dollar, arguing that a cheaper dollar would boost U.S. exports and reduce the trade deficit.
Why the next president can't credit stimulus for the booming economy Original
Last year, the U.S. economy grew at a faster rate than any other large, advanced economy. It looks like it will do so again this year. This strong performance leads some economists to credit the Biden administration’s large fiscal stimulus policies. But with the national debt now over $35 trillion, hopefully, either a Harris or a Trump administration recognizes that this is a misleading analysis. Crediting fiscal stimulus for the current economy misses two crucial points.
Federal Reserve Should Let Exchange Rates Float (Commentary)
Federal Reserve should let exchange rates float and pursue better inflation management to deal with the dollar’s volatility. By Patrick Horan For the past two years, the U.S. dollar has been especially strong relative to other major currencies. The greenback’s strong appreciation has prompted Wall Street Journal columnist Joseph Sternberg to contend that the Federal Reserve should take a larger role in managing our nation’s currency.
The Federal Reserve Should Let Exchange Rates Float
By Patrick Horan For the past two years, the U.S. dollar has been especially strong relative to other major currencies. The greenback’s strong appreciation has prompted Wall Street Journal columnist Joseph Sternberg to contend that the Federal Reserve should take a larger role in managing our nation’s currency.
Regulatory Investigations - A Guide To Dawn Raids
AC Arthur Cox More Arthur Cox is one of Ireland’s leading law firms. For almost 100 years, we have been at the forefront of developments in the legal profession in Ireland. Our practice encompasses all aspects of corporate and business law. The firm has offices in Dublin, Belfast, London, New York and Silicon Valley. A Dawn Raid is an unannounced inspection by a regulatory authority, aimed at investigating suspected breaches of the law. Ireland Litigation, Mediation & Arbitration
Regulatory Investigations - A Guide to Dawn Raids
A Dawn Raid is an unannounced inspection by a regulatory authority, aimed at investigating suspected breaches of the law. Dawn raids are fact-finding exercises that focus on identifying and securing evidence of infringement. They can involve the following: Physical searches of premises; Electronic searches of files/emails/messages/chats; Seizure of documents; Copying of documents; Questioning; and Formal interviews.
How To Stop Mission Creep at the Federal Reserve
By Patrick Horan This is the second of two articles on reforming the Federal Reserve; the first concerns how to balance Fed independence and accountability in terms of monetary policy. A few weeks ago, The Wall Street Journal reported on a plan, written by advisers to former President Trump, that would give the president greater authority over the Federal Reserve, should Trump be reelected in November.
Fed Needs More Rules and Transparency, Not Politics (Commentary)
Fed needs more rules and transparency, not political control, as monetary rules and central bank independence go hand in hand. (Commentary) By Patrick Horan This is the first of two articles on reforming the Federal Reserve. This first essay in this series concerns monetary policy. A second piece will address ideas for limiting Fed “mission creep” into issues outside its mandate.
Instead of More Political Control, the Fed Needs More Rules and Transparency
By Patrick Horan This is the first of two articles on reforming the Federal Reserve. This first essay in this series concerns monetary policy. A second piece will address ideas for limiting Fed “mission creep” into issues outside its mandate. Last week, the Wall Street Journal reported that advisers to former President Trump are drafting a proposal to limit Federal Reserve independence should Trump win a second term.
Inflation’s Last-Mile Problem
In March, the Consumer Price Index (CPI), the most cited inflation metric, rose more than forecasters expected for the third month in a row. Though the Federal Reserve prefers a different measure—the Personal Consumption Expenditures (PCE) Price Index—the string of hot CPI reports has called into question whether annual inflation will keep falling to the Fed’s 2 percent target. It also raises doubts about the Fed’s current plan of cutting its target interest rate three times this year.
The Fed Should Keep Shrinking Its Balance Sheet
By Patrick Horan Recent discussions of U.S. monetary policy have largely been dominated by two themes: inflation and the federal funds rate, the Federal Reserve’s primary tool for achieving its monetary policy goals. The federal funds rate is the overnight interest rate at which banks and other financial institutions lend reserves—cash in bank accounts held at the Fed—to each other.
Inflation Wasn’t Transitory
After peaking at 7 percent in June 2022, inflation has fallen dramatically in the United States. In November, year-over-year inflation clocked in at 2.6 percent, as measured by the Federal Reserve’s preferred Personal Consumption Expenditures price index. December PCE data will come out Thursday, setting the stage for what the Fed hopes will be the final act of its tightening cycle.
Matildas end big year with defeat as Canada farewell Christine Sinclair in style
Canada have sent the retiring Christine Sinclair off in style, beating a near full-strength Matildas side 1-0 in the football great’s 331st and final international appearance in Vancouver. Sinclair captained her country in the final game of an astonishing international career, with the pre-game dominated by tributes to her in front of 48,112 fans at BC Place stadium – temporarily renamed Christine Sinclair Place.
Argentina’s Best Hope: Dollarization
On November 19, libertarian firebrand and political outsider Javier Milei won Argentina’s presidential runoff election. His victory comes amid a grave economic crisis. Inflation has risen above 140 percent, and over 40 percent of Argentines now live in poverty. While Milei ran on a bold free-market agenda, his signature proposal was to drop the Argentine peso, close Argentina’s central bank (the Banco Central de la República Argentina, BCRA), and adopt the U.S. dollar as the new national currency.
An Overview of the Upcoming Foreign Investment Screening Regime in Ireland
In line with international developments, the Government is due to introduce a new foreign investment screening regime in Ireland. Since the initial draft was published on 2 August 2022, the legislation has undergone a series of amendments during the course of 2023 and, on 31 October 2023, the Screening of Third Country Transactions Act 2023 (the “Act”) was signed into law.
Tom Ballard 'Yes/No: A Comedy Lecture' ★★★
Supplied Buy ticket Advertising Time Out says 3 out of 5 stars How many genital pics can make the matter of constitutional politics exciting? Not enough The inveterately political Tom Ballard has delivered many ‘urgent’ comedy shows in his time, but none more timely than this offering inspired by a referendum that is now just days away.
Dollarization Might Be Just What Argentina Needs | National Review
Milei's economic proposal is to abandon the Argentine peso, close the central bank, and adopt the U.S. dollar as the country's new currency. While it would come with steep costs, policy-makers should consider the idea.
Review: Bloom at Arts Centre Melbourne ★★★★☆
Time Out says This uplifting musical comedy by Tom Gleisner tackles the topic of aged care with grace, warmth and a whole lotta laughs An underfunded aged care facility might not be the most likely setting for a musical, but renowned comedy writer Tom Gleisner’s first foray into the art form – produced by the Melbourne Theatre Company – manages to find the necessary tonal balance to deliver an exuberant, joyous and thought-provoking experience.
The Solution to the Inflation-Interpretation Debate | National Review
The Fed's failure to counter high inflation and nominal GDP growth has strained its credibility. What should the Fed do now? The best plan would be NGDP targeting.
Why we don’t need to tolerate higher inflation
Inflation is finally falling. Although the year-over-year inflation rate is still over 4 percent, well above the Federal Reserve’s 2 percent target, much of that reflects especially large price increases from last summer. As those unusual months cycle out of the data, the rate will likely keep dropping.
Patrick Horan: Why we don’t need to tolerate higher inflation
Inflation is finally falling. Although the year-over-year inflation rate is still over 4%, well above the Federal Reserve’s 2% target, much of that reflects especially large price increases from last summer. As those unusual months cycle out of the data, the rate will likely keep dropping.
OPINION EXCHANGE | No, we don't need to tolerate higher inflation
Opinion editor's note: Star Tribune Opinion publishes a mix of national and local commentaries online and in print each day. To contribute, click here. ••• Inflation is finally falling. Although the year-over-year inflation rate is still over 4%, well above the Federal Reserve's 2% target, much of that reflects especially large price increases from last summer. As those unusual months cycle out of the data, the rate will likely keep dropping.
Why we don't need to tolerate higher inflation
Inflation is finally falling. Although the year-over-year inflation rate is still over 4%, well above the Federal Reserve's 2% target, much of that reflects especially large price increases from last summer. As those unusual months cycle out of the data, the rate will likely keep dropping.
Commentary: Why we don’t need to tolerate higher inflation
Inflation is finally falling. Although the year-over-year inflation rate is still over 4%, well above the Federal Reserve’s 2% target, much of that reflects especially large price increases from last summer. As those unusual months cycle out of the data, the rate will likely keep dropping.
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