Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-23-Speech-4-512-875"
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"en.20110623.37.4-512-875"2
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Consumer rights and protection under EU law is one of the fundamental principles of the functioning of the internal market. I believe adequate consumer protection and security are fundamental to the proper functioning of the markets and to trade, which constitute an essential condition of competitiveness and growth.
As such, it is crucial to strike a balance between a high level of consumer protection – especially as regards the level of information provided to them and responsibility for any harm caused to them – and the costs this will impose on businesses. As I said during the March vote, it is important to bear in mind the various national particularities and the protection offered, with proper respect for the subsidiarity principle.
I therefore believe that this is an area where, on the one hand, maximum harmonisation may be useful, but, on the other, minimum harmonisation may also be adopted, depending on which is more suited to a given type of contract."@en1
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