Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-15-Speech-4-229-250"
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"en.20111215.23.4-229-250"2
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".
The Commission’s 2010 Annual Report on EU Competition Policy is fundamentally defined by an attempt to limit and redress the processes of the recent economic crisis and its consequences. For four decades, from the very beginnings of the creation of the Community, competition policy has been the essential basis for economic cooperation. Today we must also find a solution to the market movements distorted by the crisis, by using fair regulation. The Commission has attempted to react effectively to the economic crisis; it has approved rules on state aid while remaining within the framework of competition policy. I agree with the opinion of the rapporteurs, that we also need a global approach to competition regulations. The report addresses a number of sectors, which is why the call for a prompt implementation of the internal energy market package is justified, in order to create an open and competitive single energy market. The introduction of effective cost analysis in all phases of the food supply chain is equally important for consumer interest protection. The Commission’s guidelines aimed at rescuing and restructuring the banking sector are also unavoidable, and the observance and application of these guidelines will have to be monitored. I agree with linking future temporary state aid for the banking sector to stricter conditions; furthermore, appropriate attention should be paid to a more ethical consumer credit provision. The market distortions created by the crisis can only be resolved through joint EU action. I voted for the report of the Committee on Economic and Monetary Affairs, as in my opinion competition policy is a key factor in developing the EU into a dynamic, efficient and innovative internal market and in strengthening its competitiveness on the world market."@en1
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