Its aim was to make sure that competition worked for the benefit of all consumers who bought products and services in Ireland.

They did this by calling for reform when Irish laws, regulations or actions by State bodies restrict competition.

The authority was divided into six divisions: Cartels, Monopolies, Advocacy, Mergers, Strategy and Corporate Services.

On 31 July Richard Bruton, TD, Minister for Jobs, Enterprise and Innovation announced that the legislation would commence and the new Competition and Consumer Protection Commission would be established on 31 October 2014.

Ms Goggin is supported in her role by the Members of the new Commission which include the two former Members of the Competition Authority, Fergal O'Leary and Patrick Kenny, and the former Chief Executive of the National Consumer Agency, Karen O'Leary, all of whom were appointed Members-designate of the Competition and Consumer Protection Commission by the Minister for Jobs, Enterprise and Innovation upon taking up their current positions.