Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-14-Speech-3-147-000"

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"en.20110914.24.3-147-000"2
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"Mr President, almost 10 years since the piecemeal liberalisation of the energy and gas markets it has become clear that the energy exchanges that were set up and the agreements on OTC markets, which have become ubiquitous, are not protected against attempts to manipulate the markets or insider trading. Liberalisation of the energy markets was held up as a necessary measure to reduce the cost of electricity and gas to consumers. In reality prices have risen and energy poverty has become a permanent feature of the liberalisation process. The proposal for special regulation of energy markets acknowledges the special nature of these markets and proposes applying the same rules on abusing the market and insider trading which are used on the financial markets. That is why I supported this draft regulation."@en1
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