Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-06-17-Speech-2-331"
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"en.20080617.38.2-331"2
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"Madam President, to be brief, there has been a real decline in investment in the electricity market, particularly in cross-border grids, in recent years. A new legislative package is now needed, therefore, and Commissioner Piebalgs knows as well as my fellow Members how important the level playing field is to me. Splitting ownership is the best option, then. Fortunately, the Energy Council has realised that this level playing field does not exist at present.
The ban on takeovers by horizontal non-split undertakings in the coming years is justified, therefore; there is to be no cherry-picking of smaller-sized vital undertakings by non-split organisations. This gives organisations in the Netherlands, producers such as Nuon and Essent, the opportunity to develop a European outlook. It creates breathing space for the coming period. From this point of view, I wholeheartedly support the splitting of ownership now being proposed in Mrs Morgan’s report."@en1
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