Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-01-20-Speech-4-251-000"
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"en.20110120.14.4-251-000"2
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"One of the principles of the Treaty on European Union stipulates that Member States must adopt an economic policy ‘in accordance with the principles of the open market economy, based on fair competition’. The purpose of the competition policy is to create genuine competition on the single market using measures relating to the market’s structures and the behaviour of its actors. Free competition fosters innovation, reduces production costs, increases economic efficiency and, consequently, boosts the level of the European economy’s competitiveness. The report covers both antitrust policies and State aid control policies. It also features rules and procedures for combating anti-competitive behaviour in companies and prevents governments from granting State aid which distorts competition in the internal market.
I voted for this report as I regard competition policy as a key instrument enabling the European Union to have a dynamic, efficient and innovative internal market, to be globally competitive, as well as emerge from the financial crisis. Consumers gain most when competition policy is applied effectively."@en1
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