2 Amendments of Paul TANG related to 2018/2102(INI)

Motion for a resolution
Paragraph 11 a (new)

11a. Reiterates the Commission’s preliminary conclusion that Google has abused its market dominance as a search engine by giving an illegal advantage to its products; stresses that a full-blown structural separation between the company’s general and specialised search services is needed to end this abuse.

2018/11/05
Committee: ECON

Paul TANG, Pervenche BERÈS

Motion for a resolution
Paragraph 13 a (new)

13a. Notes that the European Commission made a legislative proposal to create PEPP (Pan-European Personal Pension Product) this year, which will be a private pension fund; highlights that this legislative proposal was initially inspired by the US financial services corporate giant BlackRock, the world's largest asset fund manager that built some two-thirds of its $6 trn empire on pensions, and proposed by the European Commission after significant lobbying efforts by BlackRock; sees also growing evidence that giant asset managers like Black Rock hamper competition in real markets and amongst corporates; requests the Commission to be particularly vigilant about the risks of dominant position in the market for private pension products;

2018/11/05
Committee: ECON

2 Amendments of Paul TANG related to 2018/2102(INI)

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