Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-07-04-Speech-2-273"

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". The honourable Member rightly touched upon the question of whether this is enough. I have explained to the honourable Member that the Commission has already initiated a number of investigations where it appears that anti-competitive behaviour contributes to the problems identified by the energy sector inquiry. However, competition law cannot open markets by itself, as the Member will be aware. We need to complement our enforcement through an improved legal framework, increasing transparency, improving cross-border coordination, etc. Regulatory changes may be needed for us to reap the full benefits of our energy markets. Once we have the full report of the inquiry into competition conditions in the energy sector, we will reflect further on what changes may be required. My colleague, Mr Piebalgs, is looking at the level of current implementation of the existing liberalisation directives in the energy sector. Depending on the results of that review, further measures to liberalise the markets will be considered. Full structural unbundling is one option to consider. The Member will certainly conclude that we will take measures when we can see that there is something rotten in the state."@en1
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