Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-02-Speech-4-371-375"

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"en.20120202.31.4-371-375"2
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"I voted in favour because protectionism and non-enforcement of competition rules would only deepen and prolong the crisis, whereas competition policy is an essential tool to enable the EU to have a dynamic, efficient and innovative internal market and to be competitive on the global stage. Notwithstanding all the efforts to cope with the economic crisis, cartels remain the most serious threat to competition, consumer welfare and the proper functioning of markets, and consequently cannot be accepted, particularly during an economic crisis. EU competition policy has brought numerous benefits in terms of consumer welfare and has been an essential tool in eliminating obstacles to the free movement of goods, services, persons and capital. Competition policy continues to be an essential tool for preserving the single market and protecting consumer interests. The combined effect of robust principles and flexible procedures has enabled competition policy to be a constructive and stabilising factor in the EU’s financial system and in the real economy in general. I believe that improved price transparency is essential for stimulating competition in the single market and offering real choice to consumers."@en1

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