Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-02-Speech-4-373-006"
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"en.20120202.31.4-373-006"2
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"The Commission report on competition policy 2010 was fundamentally influenced by the elimination of the recent processes of the economic crisis and their consequences. Ever since, the beginning of the building of a Community competition policy has been an essential foundation of economic cooperation.
Today, we must also find a solution to market movements distorted by the crisis through appropriate regulation. The Commission attempted to respond effectively to the economic crisis, adopting rules on State aid while remaining within the framework of competition policy. I agree with the rapporteurs’ opinion that a global convergence in competition rules is also necessary.
The report covers several sectors, and among these, the call to implement the internal energy market package as soon as possible in order to realise an open and competitive single market in energy is justified. Furthermore, in order to protect the interests of consumers, it is just as important to introduce effective cost analysis at all stages of the food supply chain. The adoption of Commission rescue and restructuring guidelines for the banking sector is also inevitable, and the consideration and application of these guidelines will need to be monitored.
I agree that temporary State aid to the banking sector should be linked to more stringent conditions in the future, and I also agree with the idea of more ethical retail lending. The market distortions caused by the crisis can only be remedied through common determination at EU level. I voted in favour of the report of the Committee on Economic and Monetary Affairs because I believe that competition policy is a key factor for the development of the EU into a dynamic, well-functioning and innovative internal market and for strengthening its competitiveness on the global market."@en1
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