Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-12-11-Speech-2-426"

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"en.20071211.42.2-426"2
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"Madam President, we have witnessed how the liberalisation of old monopolies in Europe has created stimulating competition within trade and industry as regards better products and lower prices for consumers. The market in spare car parts is no exception. For many years, car manufacturers have had a strong monopoly on spare parts; this is a significant element of car design. In practice, we are talking about approximately 20% of all spare parts sold in a very large EU market. The total annual turnover is around EUR 42 billion, or DKK 300 billion, according to the Commission’s estimates. According to an EU directive adopted nearly 10 years ago, the Member States still have the opportunity to maintain monopolies that protect the automobile industry to an unreasonable extent. The Commission proposal, which will mean the welcome liberalisation of this market, will have at least three major advantages. Firstly, industry will be stimulated to invest in the manufacture of spare parts, which typically requires large amounts of fixed capital. There is currently no such stimulation, as much of the EU market is covered by monopolies and is therefore closed to non-original after-market spare parts. Secondly, consumers will experience falling prices for spare car parts because there will be more competition between manufacturers. Thirdly and finally, the full implementation of the repair clause should result in falling car insurance premiums. An extremely significant proportion of the spare parts market that is covered by design protection originates from claims that are covered by insurance policies. I must mention Mr Harbour’s remarks on safety in connection with the manufacture of critically important spare parts from all manufacturers. Mr Lehne deserves a great deal of praise for the work that he has done in connection with the report, which I fully support."@en1

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