Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-10-22-Speech-3-486"
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"en.20081022.25.3-486"2
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"Madam President, Commissioner, I would also like to join those congratulating Mr Stockmann on the result of his work. The issue we are discussing needs regulation, and such regulation does not disturb my liberal spirit, nor do regulatory institutions. We can see now, after the financial crisis, that the free market should work and does work, but we must create systems which are capable of regulating in a modern economy the mechanisms that occasionally get stuck or go beyond the usual mechanisms of economic competition, of pure free-market competition.
We are now debating the final draft of a certain document, of a work which we all realised right from the outset would be a long road, as regulating any natural monopoly – and airports are, for obvious reasons, usually subject to the rules of natural monopolies – is difficult. It is a step forward in the interests of our citizens, in the interests of the citizens of the European Union, who will once again receive something tangible which affects their life from this House and the work of the European Commission. I congratulate those who participated in its work and, hopefully, in the two years during which the system is implemented, Member States will measure up to the task."@en1
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