Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-15-Speech-4-106-000"
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"en.20111215.5.4-106-000"2
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"Madam President, competition policy defines the rules for the functioning of the single European market, which is the cornerstone of the European Union and the source of its success. I would like to draw attention to the following problems. Firstly, concentration, mergers and fusions can improve cost-effectiveness and strengthen the market position of the newly formed business unit, but we must remember that market domination and monopolisation leads to restricted competition and a worse position for consumers. Secondly, in recent times we have allocated huge amounts to rescue banks. Ultimately, these sums were paid by the taxpayer. At the same time, the programme for the free distribution of food to the most deprived in the European Union has been blocked for over two years, its cost being only EUR 500 million per year. Finally, the energy market must be monitored very closely both at EU level and nationally, since the present increase in energy costs is a very pressing problem for consumers. A similar situation can be seen in the food market. I would like to congratulate the rapporteur on a good report."@en1
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