Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-06-18-Speech-1-176"

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"Madam President, Commissioner, as you know, this meeting between the European Parliament and the Commission is an important event in terms of competition policy, for it is the time when we evaluate one of the most important policies in the Commission’s hands, whilst defining only the general outline for the others, on the basis of which you will take this or that decision. While the report that we are putting forward this year is a balanced one, it does need to be completed by an answer to the question as to what is meant by ‘fair and undistorted competition’, as the Treaty itself puts it. In fact, the situation in the business world, in which there is an increasing and underhand trend towards a way of working in which, no doubt for the sake of flexibility, trainees’ contracts are renewed month after month and, for the sake of providing the trainees with access to professional training, the difference between them and those subject to labour law is accentuated, is a real issue in terms of competition, and one that you need to consider closely. We in the Committee on Economic and Monetary Affairs are also concerned about the conclusions that are going to be drawn from the sectoral surveys that you have been carrying out, and specifically in connection with the potential impact on the structure of this or that segment of the market. I am thinking, for example, of the situation of local banks, or of mutual banks in relation to the retail banking sector, but we would also like you to consider other sectors, which may well be more difficult to tackle. Three sectors about which we are particularly concerned are investment banks, rating agencies and auditors’ firms. We think that, if competition is to be required to be free and undistorted, one must also be bold enough to take a look at these sectors in the same way as the Commission has sometimes done with actors of equally considerable weight. If this takes place, you can count on our support, although you must never forget that competition policy can never be an end in itself, but is in the service of a strategy of the European Union which is, today, defined not only by the Lisbon Strategy, but also by the objectives set out on 8 March 2007, those being the fight against the effects of climate change and the will to endow the European Union with the capacity for shaping its own independent energy policy."@en1

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