Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-10-09-Speech-4-085"
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"en.20031009.2.4-085"2
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".
The trend towards increasing concentration and centralisation of capital is inherent to the capitalist system and is driven by the primacy of competition and the growing liberalisation and internationalisation of capital.
The emphasis on this strengthened intercapitalist competition, connected with the constant revolution in production processes generated by technological development and economies of scale, leads to the law of the survival of the fittest, throwing competitors out of the marketplace and creating markets that are more and more oligopolistic or even monopolistic.
Competition policy, particularly the control of concentrations, is an attempt by the system to self-regulate and to avoid the vicissitudes of economic cycles and the negative influences of dominant or concerted positions on the markets. Evidently, however, it cannot reverse the general trend.
In view of current liberalisation processes and the extent of market integration, however, there has been strong pressure to amend Regulation No 4064/89, which was seen to be too restrictive of the need to create strong business groups that could compete internationally. The Commission’s proposal thus takes a step forward with new concepts of concentration on a Community scale. The rapporteur wants to go even further. He wants a narrower concept of concentration, in the sense of restricting control or opposition to a concentration to a minimum. We also reject this report on these grounds."@en1
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