Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-06-Speech-3-229"

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"Madam President, Articles 81, 101 and 102 all deal with these issues, under cartels, price fixing, predatory pricing, etc. Certainly it is something that we should be concerned about, but often, it is difficult to prove that they actually exist. For instance, I have here a headline which says ‘Antitrust: car prices fell only slightly in 2009’, whereas prices for repairs and maintenance continue to rise despite the crisis, despite a reduction in wages and despite deflation, rather than inflation. Is that a cartel? In my own country, if there is a shower of rain, the price of cattle drops automatically. I think there is certainly a need to look at the guidelines, both in terms of establishing trends over a long period of time and also in the actual punishments you are going to apply. I think Mr Skinner made a very interesting suggestion when he said ‘make the directors pay’. I would say that we should also have a fine: do both. There is a certainly a lot of work to be done, but we are going the right way."@en1
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