Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-15-Speech-4-227-129"
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"en.20111215.23.4-227-129"2
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"The text under consideration, drafted by Mr Schwab, analyses the Annual Report on EU Competition Policy for 2010, in the report’s 40th-anniversary year. As one of the EU’s aims is the operation of an effective and efficient single market, competition policy plays a key role both by stimulating competition between companies and by ensuring price stability, which is a situation that only benefits consumers.
Despite the changes to the way it operates, many aspects still need improvement, such as controlling state aid that distorts markets and is only acceptable initially as a response to the crisis, combating monopolies, transparency in how the banking sector operates, public procurement, the energy market, air transport, and so on. It is also essential to make progress with revising the Markets in Financial Instruments Directive and the Market Abuse Directive.
I welcome the adoption of this report, which demonstrates that EU competition policy should continue and develop, since it has improved Europeans’ quality of life, and facilitated the movement of people, goods and services."@en1
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