The law bans selling tickets above face value for designated events in certain venues, with penalties of up to €100,000 and or two years in prison.

The Offaly TD said tickets for this weekend’s crunch Six Nations rugby clash between Ireland and Scotland at the Aviva are for sale online for exorbitant prices

Reports of dramatic increases to fuel costs, such as home heating oil and motor fuel, have been sent to TDs.

The consumer watchdog has said there is no evidence of price gouging in the grocery sector

“The big supermarket chains have seen their profits absolutely escalate. We're seeing similar with the energy companies all making up their record profits. We're seeing the same with the banks," he told RTÉ's Morning Ireland.