Local view for "http://purl.org/linkedpolitics/eu/plenary/2002-09-03-Speech-2-203"
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"en.20020903.8.2-203"2
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".
Mr President, I should like to start by thanking Mr Staes for complimenting me on the quality of my Dutch. It would indeed be strange, Mr President, if I could not speak my own language well.
Secondly, I should like to make the point that the very function of competition is to ensure that prices are as keen as possible. On the one hand this rewards good drivers in the form of low premiums, which Mr Staes seems to welcome, while on the other hand it makes bad drivers pay for their own errors. No one other than the person who causes damage should have to pay for it. Then competition between individual insurance companies should ensure that the rates everyone pays are in line with the insurance products market, and this has nothing at all to do with the Commission. If the Commission were to do as Mr Staes requests, it would eventually encroach on the powers and responsibilities of the private sector, which it not at all its proper role."@en1
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