Local view for "http://purl.org/linkedpolitics/eu/plenary/2002-09-04-Speech-3-090"
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"en.20020904.3.3-090"2
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The aim of this Commission proposal for a regulation is to remove any restrictions imposed by the Member States on unfair sales promotions (price reductions outside sale periods, free gifts, below cost selling), such as the restrictions adopted in Greece in law 2941/01 banning below cost selling.
This ruling will do even more to help large multinationals concentrate money and corner the market, because only they will be able to increase their overall profits, even if they sell certain products below cost. At the same time, it will be a disaster for small and medium-sized enterprises, which have already been hard hit by the implementation of the single internal market, and for consumers, who will be even more exposed to deception and will suffer the consequences when markets are cornered.
The fact that it has opted for a regulation, which ensures immediate application, and the fact that the proposal was not discussed with the interested parties, especially SMEs, shows just how concerned the EU is to directly promote the interests of large companies. The whole affair illustrates exactly what it means by competition on the single internal market.
The MEPs of the Communist Party of Greece call for this regulation to be withdrawn and will be voting against the report."@en1
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