Local view for "http://purl.org/linkedpolitics/eu/plenary/2013-06-11-Speech-2-639-000"
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"en.20130611.48.2-639-000"2
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"Mr President, I want to take the opportunity this evening to welcome the announcement that the Commissioner is going to bring forward the directive and recommendation for consumers to have a right of compensation if they have been victims due to breaches of anti-trust laws. I think that is fundamental and important and I congratulate you, because only 25% of anti-trust infringement decisions actually see victims get compensation.
I think this is the way forward and, as you know, I take a very big interest in your investigations into the energy sector. That is why I am very pleased that you are continuing to look at the allegations of price-fixing of oil and gas markets. If consumers have been the victims of overcharging they do need to see redress because consumers are paying a high price for oil and gas. Potentially this can have a knock-on effect for households, for business bills. It affects people when they put petrol in the car and it is not right, fundamentally, that people are paying more while companies are booking high profits on the basis of – potentially – manipulated prices.
I believe that the EU, and you personally, play a vital role in investigating anti-trust violations. I think only the EU can bring these actions against companies or institutions. It is interesting that the UK Office of Fair Trading abandoned an investigation over potential oil price-fixing manipulation and that is why, Commissioner, we do have to rely on you and your services. I continue to put my trust and confidence in you restoring the kind of confidence and integrity that we need in markets by clamping down on any manipulation."@en1
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