Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-20-Speech-2-393-937"

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"This report’s stated objective is to increase ‘free competition’ in card, internet and mobile payment markets. It is about applying neoliberalism to this market segment in order to encourage consumption, credit and workers and the general public getting themselves into debt. Against a backdrop of economic recession, this proposal is part and parcel of the lingering efforts to strengthen the internal market, removing the Member States’ ability to intervene in the market and the logic of providing services in accordance with the national situation. The report even advocates self-regulation of stakeholders. As regards the banks charging for the use of cards, the report is contradictory, stating that this should continue until at least 2017. Respect for privacy is not guaranteed and there are still doubts about the use of citizens’ personal and profile data, and as regards the adaptation costs for terminals so that these accept all cards and meet the interoperability requirements. We voted against."@en1

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