Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-10-23-Speech-2-310"
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"en.20071023.25.2-310"2
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"We hope that is a fact, but I am not 100% sure, and certainly not sure enough to be open and honest with you.
We should take into account that it is not only the level of the fine, but also reputation, that is hopefully making a difference in the attitude of companies.
I find it interesting that now quite a number of CEOs of organisations who contact me mention that they are aware that this is real politics from the Commission, and that those who are not behaving and are abusing the rules and regulations are being confronted with a huge fine. As you are aware, with our new fine level, that is indeed not sweet money anymore.
Having said that, they are taking the initiative within their own organisations to confront their own people, and saying that it should absolutely not be done any more in their companies. They are confronting them, if they are not taking the right measures, and saying that if something is rotten then they should mention it to the top, and that the fact is that later on they would be fired without any form of package.
They also mention that damage to reputation, in combination with the fines, is a very important part of their attitude and their struggle to clean up the companies. A couple of them recently mentioned that they loved to be on the front page of the
but not because of our fines. That is indeed quite a good step forward."@en1
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