Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-02-Speech-4-371-125"
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"en.20120202.31.4-371-125"2
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"Since its beginning in 2008, the financial and economic crisis has shown us that we need to have more suitable and flexible rules in the areas of State aid, public procurement, mergers and monopolies. By giving my support to the motion for a European Parliament resolution on the annual report on EU competition policy, I therefore favoured the stance supporting the need for reforms in these areas. Competition is an essential driver of the single market which allows us to move goods, services, persons and capital freely. On the one hand, it allows consumers to make the best possible choice and, on the other, it stimulates economic development. I also share the view favouring the need for a more thorough analysis of the functioning of the markets and of the competition in key sectors such as energy, telecommunications, transportation and raw materials, which have a serious impact on the economy as a whole. Another area of great importance to consumers is the food market, where we witnessed problems related to the rapid price escalation. I also support the need for additional efforts to open up competition in the credit rating agencies sector, which I believe will improve the transparency of their actions."@en1
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