5 Amendments of Sharon BOWLES related to 2009/2173(INI)
Amendment 20 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. Recalls that competition policy and the strictcomprehensive enforcement of the competition rules are essential for a properly functioning and competitive European internal markets, and for the protection of consumers;
Amendment 39 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Notes that the Commission is more flexible concerning the timinghas already started the process of phasing- out State support and the time granted for restructuring and making divestiturmandating restructuring and divestitures; acknowledges that those processes must be flexible in order to be successful; nevertheles;s calls for guidance by the Commission so that phasing out can start once the economic situation permits, andconcerning those processes; believes that State intervention ishould not be unduly prolonged; believes and that exit strategies should be elaborated as soon as possible;
Amendment 44 #
Motion for a resolution
Paragraph 10
Paragraph 10
10. Believes that the system of competition rules have weathered the storm so far, but that the crisis has brought home the urgency for an EU framework for cross- border crisis management in the financial sector, including a solution for the ‘too- big-to-fail’ institutions, a single Europeand regulatorion and a bail-out fund or equivalent systemsupervision that match the cross-border passport arrangements for financial institutions;
Amendment 51 #
Motion for a resolution
Paragraph 12
Paragraph 12
12. Invites the Commission to explain what criteria will be used to decide on a possible extension of the Temporary Community framework for State aid measures, as the EUeuro area is officially out of recession, despite persisting economic difficulties and unemployment; takes the view that the questionnaires to Member States, assessing the Temporary framework, do not alone provide a sufficient basis for such a decision, and calls for additional (independent) studies to be commissioned;
Amendment 78 #
Motion for a resolution
Paragraph 19
Paragraph 19
19. Welcomes the very firm stance the Commission has taken on anti-competitive behaviour in recent years, which causes great harm to consumers and to the economy; is concerned, however, that the instrumenin light of the potential for job losses should firms go bankrupt as a result of every higher fines, this instrument may be too blunt and suggests that a wider range of more sophisticated instruments might be more effective as a deterrent; favours a ‘carrot- and-stick’ approach, with penalties to punish bad behaviour and incentives to reward good behaviour; mechanisms in place to ensure the effective operation of leniency applications, in particular to overcome the interference caused by discovery processes in the United States of America;