Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-06-Speech-3-232"

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"en.20101006.16.3-232"2
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"The European Commission is imposing increasingly more frequent and higher fines on the cartels and companies which abuse their position on the market. The amount of fines imposed by the Commission passed the EUR 2 billion mark in 2009. I welcome the swift response from the European executive. At the same time, we must ask ourselves whether the current system of sanctions is sufficiently comprehensive. The Commission plays the dual role of prosecutor and judge. Furthermore, the adverse effects of the fines imposed also entail employees at the companies which have been penalised losing their jobs. This means that people who have not broken the law become collateral victims. Consequently, I believe that a set of more sophisticated measures needs to be drawn up for antitrust cases, aimed at both promoting more transparent procedures, through appointing an independent judiciary, and introducing the option to punish on an individual basis directors responsible for companies’ illegal behaviour."@en1

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