Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-07-03-Speech-1-097"

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". Mr President, the Commission is very grateful for the hard work that has gone into the preparation of this report and for the excellent collaboration with our services. I believe that we have worked towards an initiative that will have an echo in the years to come in other jurisdictions as well. Liner shipping has been organised as a cartel, albeit legally, since the 1870s, not just in Europe but in most other industrial nations. By taking the step of examining market conditions carefully, we have all come to acknowledge that liner shipping is a highly competitive industry that does not need to be protected against competition. We are confident that our initiative will encourage our major trading partners to review whether their approach to this industry is correct and economically viable and, most importantly, our perseverance has convinced the industry that it does not need price-fixing. It is now considering in earnest how it can best adapt to a very competitive environment, fuelled by globalisation. Parliament’s contribution to this process has been significant. First, the Committee on Transport and Tourism produced an own-initiative report in December 2005, in response to the Commission’s White Paper, drawing our attention to several issues we had not considered before. We took those issues on board as we pursued our revision process. Then the Committee on Economic and Monetary Affairs set out its views after extensive discussions with my services. We are grateful for your work and the confidence you have shown in addressing these complex issues. We will respond to your suggestions in the coming months in several initiatives, for instance through information updates on the situation regarding the application of competition rules for liner shipping in third countries, the Commission guidelines on the application of EU competition law to the maritime transport services and a reassessment of other legislative texts on the validity of which you have raised doubts. We will consult widely and look forward to Parliament’s views on the guidelines."@en1
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