2023/2077(INI) Competition policy – annual report 2023
Next event: Indicative plenary sitting date 2024/01/15
Lead committee dossier:
Next event: Indicative plenary sitting date 2024/01/15
Progress: Awaiting committee decision
| Role | Committee | Rapporteur | Shadows |
|---|---|---|---|
| Lead | ECON |
YON-COURTIN Stéphanie ( Renew)
|
MARTUSCIELLO Fulvio ( EPP),
TANG Paul ( S&D),
GRUFFAT Claude ( Verts/ALE),
MOŻDŻANOWSKA Andżelika Anna ( ECR),
SCHIRDEWAN Martin ( GUE/NGL)
|
| Committee Opinion | IMCO |
CAVAZZINI Anna ( Verts/ALE)
|
Lead committee dossier:
Legal Basis:
RoP 54
Legal Basis:
RoP 54Subjects
Events
2024/01/15
Indicative plenary sitting date
2023/12/04
EP - Vote in committee
2023/11/22
EP - Specific opinion
Documents
2023/11/07
EP - Amendments tabled in committee
Documents
2023/09/20
EP - Committee draft report
Documents
2023/06/15
EP - Committee referral announced in Parliament
2023/05/30
EP - YON-COURTIN Stéphanie (Renew) appointed as rapporteur in ECON
2023/05/23
EP - CAVAZZINI Anna (Verts/ALE) appointed as rapporteur in IMCO
Documents
Activities
- Stéphanie YON-COURTIN
Plenary Speeches (0)
| Amendments | Dossier |
| 185 |
2023/2077(INI)
2023/11/07
ECON
185 amendments...
Amendment 1 #
Motion for a resolution Citation 2 a (new) – having regard to the judgment of the Court of Justice of the European Union (CJEU) of 3 February 2023 in Case C-555/21,
Amendment 10 #
Motion for a resolution Recital B B. whereas competition policy could contribute to bolstering the resilience of the internal market, as well as achieving the goals of the European Green Deal and the Digital Compass and of the Union’s objectives as enshrined in Article 3 TEU such as full employment and social progress, a high level of protection and improvement of the quality of the environment, and the promotion of scientific and technological advance;
Amendment 100 #
Motion for a resolution Paragraph 10 a (new) 10a. Calls for mandatory consultation and participation rights for workers in merger and acquisition decisions;
Amendment 101 #
Motion for a resolution Paragraph 10 b (new) 10b. Supports the introduction of a rebuttable presumption that effective competition is significantly impeded by any concentration leading to a business holding a dominant position in a relevant market or any concentration involving a dominant market player or a gatekeeper as defined in the Digital Markets Act; notes that there is scope for Member States to intervene on ‘non-competitive grounds’, and asks for the Commission to be given the same possibility when examining the impact of concentration on the internal market; calls on the Commission to revise the merger guidelines to adopt a more comprehensive assessment of efficiencies in merger control and cooperation; notes that the assessment of horizontal cooperation should also recognise the importance of collaboration in markets dominated by digital gatekeepers; recognises the need to foster cooperation among players in traditional as well as digital markets, by giving the right relevance to the positive effects, such as efficiencies and benefits, in the relevant antitrust analysis; calls for the inclusion of review clauses in decisions approving a concentration with a view to introducing more appropriate conditions, without affecting the decision as such; urges the European Commission to take a broader view when evaluating digital mergers and assess the damaging effects of data concentration;
Amendment 102 #
Motion for a resolution Paragraph 10 b (new) 10b. Considers that the jurisdictional thresholds setting the starting point for an EU merger review, which are based on the turnovers of the target and acquiring entities, are not appropriate for the digital economy, in which value is often, for advertising purposes, represented by the number of visitors to a website; suggests that these thresholds be revised and adapted to the number of consumers impacted by mergers and the value of the related transactions;
Amendment 103 #
Motion for a resolution Paragraph 10 b (new) 10b. Calls on the Commission to ban any merger or acquisition for companies that are currently defined as gatekeepers according to Article 3 of the Digital Markets Act;
Amendment 104 #
Motion for a resolution Paragraph 10 c (new) 10c. Calls on the European Commission, when assessing whether mergers lead to a significant impediment of effective competition (SIEC) to refrain from employing a narrowly designed substantive test that merely focuses on the effects of a merger on prices, output and innovation; supports instead that the Commission should consider the full social costs of such transactions, taking into account the broader impact of these mergers on environmental protection, as it is obliged to do by virtue of Article 11 TFEU, and the international obligations on biodiversity to which EU Member States and the EU should abide to;
Amendment 105 #
Motion for a resolution Paragraph 10 d (new) 10d. Asks the Commission to come forward with a revision of the EC Merger Regulation, so that it may be vested with the powers, as much as a number of Member States are at present, to adopt measures to protect the European public order and the rights and principles of the TFEU and EU Charter of Fundamental Rights, including environmental protection;
Amendment 106 #
Motion for a resolution Paragraph 11 11. Calls on the Commission to
Amendment 107 #
Motion for a resolution Paragraph 11 11. Calls on the Commission to
Amendment 108 #
Motion for a resolution Paragraph 11 a (new) Amendment 109 #
Motion for a resolution Paragraph 12 12. Calls on the Commission to speed up antitrust procedures
Amendment 11 #
Motion for a resolution Recital B B. whereas competition policy could contribute to bolstering the resilience, integrity and competitiveness of the internal market, as well as achieving the goals of the European Green Deal and the Digital Compass, among other EU political goals;
Amendment 110 #
Motion for a resolution Paragraph 12 12. Calls on the Commission to speed up antitrust procedures and introduce a time limit for antitrust cases in order to ensure the effectiveness of EU rules;
Amendment 111 #
Motion for a resolution Paragraph 12 12. Calls on the Commission to speed up antitrust procedures and introduce a time limit for antitrust cases in order to ensure the effectiveness of EU rules;
Amendment 112 #
Motion for a resolution Paragraph 12 12. Calls on the Commission to speed up antitrust procedures and introduce a time limit for antitrust cases in order to ensure the effectiveness of EU rules;
Amendment 113 #
Motion for a resolution Paragraph 12 12. Calls on the Commission to speed up antitrust procedures and introduce a time limit for antitrust cases in order to ensure the effectiveness of EU rules; in particular in view of the upcoming end of the Commission’s mandate in 2024; stresses that further delays to ongoing digital antitrust procedures risk perpetuating the harm caused by anti- competitive practices in those fast moving markets; emphasises that the European Commission opened the Shopping case in 2009 and issued Google with a €2.42 billion fine in 2017 for abusing its dominance; underlines that Spotify filed a complaint against Apple in 2019 and that, in spite of the Commission having issued a statement of objections, no concrete actions have been taken thus far to address Apple’s restrictions, preventing app developers from freely communicating with their own users;
Amendment 114 #
Motion for a resolution Paragraph 12 12. Calls on the Commission to speed up antitrust procedures
Amendment 115 #
Motion for a resolution Paragraph 12 a (new) 12a. Calls on the Commission to concretely confirm the effect-based enforcement of antitrust and, in particular, the relevance of the economic evidence in the guidelines on exclusionary abuses which are planned for adoption in 2025 (draft in 2024);
Amendment 116 #
Motion for a resolution Paragraph 13 Amendment 117 #
Motion for a resolution Paragraph 13 Amendment 118 #
Motion for a resolution Paragraph 13 Amendment 119 #
Motion for a resolution Paragraph 13 13.
Amendment 12 #
Motion for a resolution Recital B B. whereas competition policy
Amendment 120 #
Motion for a resolution Paragraph 13 13. Welcomes the opening of a formal investigation into possible anti-competitive practices by Microsoft regarding Teams; calls on the Commission to carefully assess
Amendment 121 #
Motion for a resolution Paragraph 13 13. Welcomes the opening of a formal investigation into possible anti-competitive practices by Microsoft regarding Teams; calls on the Commission to
Amendment 122 #
Motion for a resolution Paragraph 13 a (new) Amendment 123 #
Motion for a resolution Paragraph 14 14. Insists on effective remedies which require greater coordination between enforcers and further dialogue with third parties; recalls that undertakings designated as gatekeepers have been subject to previous antitrust rulings, which have not led to effective behavioural changes;
Amendment 124 #
Motion for a resolution Paragraph 14 14. Insists on effective remedies, which may require greater coordination between enforcers and further dialogue with third parties, as well as an appropriate enforcement; recalls that undertakings designated as gatekeepers have been subject to previous antitrust rulings, which have not led to effective behavioural changes;
Amendment 125 #
Motion for a resolution Paragraph 14 14. Insists on effective remedies which require greater coordination between enforcers and further dialogue with third parties; recalls that undertakings designated as gatekeepers have been subject to previous antitrust rulings, which have not led to effective behavioural changes; regrets the reluctance of the Commission to address market dominance through structural separation; calls for the Commission to end the primacy of behavioural remedies in EU law.
Amendment 126 #
Motion for a resolution Paragraph 14 14. Insists on effective remedies which require greater coordination between enforcers and further dialogue with third parties; recalls that undertakings designated as gatekeepers have been subject to previous antitrust rulings, which have not led to effective behavioural changes, especially regarding self- preferencing in digital markets; regrets the reluctance of the Commission to address market dominance through structural separation;
Amendment 127 #
Motion for a resolution Paragraph 14 a (new) 14a. Insists that the current EU framework for competition policy failed to protect consumers from unjustified price hikes driven by market power of companies; calls for unbundling to also be a structural remedy in situations where abuse of a dominant position on a relevant market cannot be ascertained, but conditions for competition, or other key objectives as the fundamental right to affordable food, would improve significantly if unbundling measures were applied;
Amendment 128 #
Motion for a resolution Paragraph 14 a (new) 14a. Underlines the importance of damages for infringements of competition law; considers it necessary to alleviate the burden on injured parties to successfully claim damages by introducing an obligation of the competent competition authority to state on the extent of the damages in the public enforcement decision or by introducing a presumption of a minimum amount of damages calculated in relation to the infringement of competition law;
Amendment 129 #
Motion for a resolution Paragraph 15 15. Welcomes the designation of six gatekeepers for 22 core platform services under the Digital Markets Act, the four market investigations for the rebuttal as well as the f
Amendment 13 #
Motion for a resolution Recital B B. whereas competition policy
Amendment 130 #
Motion for a resolution Paragraph 15 15. Welcomes the designation of six gatekeepers for 22 core platform services under the Digital Markets Act 3a, as well as the four market investigations under the Digital Markets Act; calls on the Commission to assess rigorously whether gatekeepers comply with the DMA obligations before 6 March 2024 and to seek feedback from third parties as to whether compliance solutions offered by gatekeepers lead to fairer and more contestable digital markets; calls on the Commission to ensure that measures by the gatekeepers on security and integrity of their platforms which could impact compliance with the DMA be vetted by independent third parties, and not be solely based on the gatekeepers' own assessment; _________________ 3a https://ec.europa.eu/commission/presscor ner/detail/en/IP_23_4328
Amendment 131 #
Motion for a resolution Paragraph 15 a (new) 15a. Acknowledges the existence of a legal basis for structural separation; regrets the reluctance of the Commission to address market dominance through structural separation; calls for the introduction of an explicit legal base for the unbundling of undertakings as a structural remedy for antitrust violations; considers unbundling to also be a structural remedy in situations where abuse of a dominant position on a relevant market cannot be ascertained, but conditions for competition would improve significantly if unbundling measures were applied;
Amendment 132 #
Motion for a resolution Paragraph 15 a (new) 15a. Points out that even when products or services are supplied for free, consumers may still have to endure unjust behaviour, such as a degradation in quality or extortive practices; calls therefore for the formulation of a 'theory of harm', which should transcend price- centric approaches and account for broader considerations such as the impact on citizens’ privacy;
Amendment 133 #
Motion for a resolution Paragraph 15 a (new) 15a. Regrets the absence of booking.com from the gatekeepers list; calls on the Commission to open a market investigation on short time rental platforms to ensure that all eligible services are designated in order to restore fair and equal competition in the short term rental market;
Amendment 134 #
Motion for a resolution Paragraph 15 b (new) 15b. Points out that the study, commissioned by the European Commission, on 'the impact of recent developments in digital advertising on privacy, publishers and advertisers' concludes that the large scale collection and processing of personal data for advertising purposes makes the digital advertisement market incredibly opaque and prone to fraud.
Amendment 135 #
Motion for a resolution Paragraph 15 c (new) 15c. Reiterates evidence presented by the UK Competition and Market Authority and the Australian Competition and Consumer Commission pointing out the opaqueness of this system allows dominant players to charge excessive profit margins, up to 70 cents of every Euro spent;
Amendment 136 #
Motion for a resolution Paragraph 15 d (new) 15d. Deplores that the aforementioned developments caused a fall of 70 percent of advertising revenue of traditional media between 2005 and 2018 to the benefit of Big Tech, eroding the public media landscape, forcing local outlets to stop and putting our democracy in danger;
Amendment 137 #
Motion for a resolution Paragraph 15 e (new) 15e. Agrees with the Commission study's conclusion that the digital advertising market needs urgent reform and calls upon the Commission to present a legislative proposal to reform of the online advertising market that reduces market dominance and significantly reduce profit margins;
Amendment 138 #
Motion for a resolution Paragraph 15 f (new) 15f. Points out that fair digital advertising competition is promoted through the independence of platforms in digital ad ecosystem, meaning ownership separation between large supply, demand and exchange platforms in the digital advertisement ecosystem; condemns owning more than one part of the digital advertisement ecosystem; advises the Commission to look at the US digital advertisement bill proposed in the US Senate as an example;
Amendment 139 #
Motion for a resolution Paragraph 16 16.
Amendment 14 #
Motion for a resolution Recital B a (new) Ba. whereas full coherence between the Union’s policy goals in the framework of the Green Deal, the Paris Agreement and the UN Sustainable Development Goals on the one hand and competition rules on the other is necessary;
Amendment 140 #
Motion for a resolution Paragraph 16 16.
Amendment 141 #
Motion for a resolution Paragraph 16 16.
Amendment 142 #
Motion for a resolution Paragraph 16 16. Welcomes the market investigation
Amendment 143 #
Motion for a resolution Paragraph 16 16.
Amendment 144 #
Motion for a resolution Paragraph 16 16. Welcomes the market investigation into Apple’s iMessage in order to fully assess its role as a gateway and its entrenched position in the market as per Apple designation decision under DMA 4a; highlights the inclusion by default of iMessage on all iOS devices for more than 1
Amendment 145 #
Motion for a resolution Paragraph 16 16. Welcomes the market investigation into Apple’s iMessage in order to assess its role as a gateway and its entrenched position in the market as per Apple designation decision as gatekeeper under DMA; highlights the inclusion by default of iMessage on all iOS devices for more than 144 million users; stresses the importance of smartphones as an essential personal and professional tool; highlights that today’s market is dominated by two operating systems, with their own non- interoperable messaging services, which limits the possibility for users and businesses to freely move from one ecosystem to the other
Amendment 146 #
Motion for a resolution Paragraph 16 a (new) 16a. Welcomes the Court of Justice of the European Union decision in the Meta vs Bundeskartellamt case that affirms the competence of national competition authorities to enforce data protection rules under antitrust laws; points out that the court affirms that the protection of personal data is an important consideration when examining an abuse of a dominant position and that it imposes requirements on the use of individuals’ personal data for targeted advertising; encourages competition authorities to investigate and sanction infringements of the GDPR;
Amendment 147 #
Motion for a resolution Paragraph 16 a (new) Amendment 148 #
Motion for a resolution Paragraph 16 b (new) 16b. Welcomes the conclusions of the proceedings of the Bundeskartellamt and Alphabet Inc. that gives Google users better choices as to how Google processes their data; asserts that EU consumers must have the choice whether they allow agglomeration and cross-service data processing of their personal data. Encourages the European Commission to pursue the coordination of enforcement activities and cooperate with national competition authorities in order to facilitate an effective interplay between competition law and the DMA; especially in the context of the DMA’s “further obligations”;
Amendment 149 #
Motion for a resolution Paragraph 16 c (new) 16c. Welcomes the European Commission to block Booking Holdings acquisition of eTraveli; notes that Booking is a dominant online travel platform in Europe, which affects the daily operations of tens of thousands of small and medium-sized enterprises (SMEs) in the hotel sector; stresses that with this acquisition, Booking could cross-sell its different services and further strengthen its dominance in the hotel market; underlines that given Booking.com’s market power, hoteliers are under pressure to accept the platforms terms and conditions (e.g., regarding cancellation policy, special discounts) that hotels would otherwise voluntarily not offer; Reminds that's in July 2023, Booking declared that it did not yet qualify as a gatekeeper under the DMA thresholds mainly because of the various Covid19 lockdowns; calls on the European Commission to be vigilant and carefully assess if any future remedies offered safeguard fair competition and stop abuse of powers by such platform;
Amendment 15 #
Motion for a resolution Recital B a (new) Ba. whereas public aid rules in the EU are of crucial importance for competition policy, for the proper functioning of the Single Market and for the development of the EU economy;
Amendment 150 #
Motion for a resolution Paragraph 16 d (new) 16d. Points out that the 'Internet of Things' (IoT) is a growing market; further points out that smart home devices, such as robot vacuum cleaners, are a major source of consumer data; notes that mergers and acquisitions in this sector can provide major competitive damage; calls upon the Commission to include data as source of market power in the evaluation of merger and acquisition cases in this sector; specifically when these cases involve established big tech companies; furthermore calls to impose conditions on the use of data if needed;
Amendment 151 #
Motion for a resolution Paragraph 17 17.
Amendment 152 #
Motion for a resolution Paragraph 17 17.
Amendment 153 #
Motion for a resolution Paragraph 17 17. Regrets the absence of cloud services providers from the gatekeepers list, despite the damaging anti-competitive practices underlined by national competition authorities; highlights that the European cloud market is dominated by a few very large players; calls on the Commission to urgently open a formal investigation into the allegedly anticompetitive behaviours by legacy software providers that are causing irreparable damages to the European cloud vendors and users as well as taxpayers 7a and to ensure that all eligible services are designated in order to restore fair and equal competition in the European cloud market; _________________ 7a https://cispe.cloud/the-billion-euro- unfair-software-licence-tax-on-eu- customers/
Amendment 154 #
Motion for a resolution Paragraph 17 a (new) 17a. Welcomes the adoption of the Data Act that allow customers to switch between various cloud data-processing service providers; calls on the Commission to ensure its implementation; highlights that the Data Act will contribute to restore fair and equal competition in the European cloud market but that additional rules and remedies are also needed to this end; stresses the role of the Digital Markets Act in this context, in particular to tackle issues that do not fall under the Data Act’s scope and prevent fair competition in the European cloud market;
Amendment 155 #
Motion for a resolution Paragraph 18 18. Calls on the Commission to
Amendment 156 #
Motion for a resolution Paragraph 18 18. Calls on the Commission to monitor emerging technological trends and to look at emerging gatekeepers in
Amendment 157 #
Motion for a resolution Paragraph 18 18.
Amendment 158 #
Motion for a resolution Paragraph 19 19. Stresses the need for the effective coexistence of
Amendment 159 #
Motion for a resolution Paragraph 19 19. Stresses the need for the effective coexistence of competition law and the Digital Markets Act; calls on the Commission to
Amendment 16 #
Motion for a resolution Recital C a (new) Ca. whereas the global geopolitical circumstances also require responsible, competitive solutions in the field of competition policy; whereas the European Union should use all the political and legislative tools at its disposal to defend the integrity, resilience and competitiveness of its internal market in view of the challenges posed by the increasing number of conflicts in the world, trade tensions among competing countries and the pressure of inflation and low levels of economic growth;
Amendment 160 #
Motion for a resolution Paragraph 19 a (new) 19a. Reiterates that the Digital Markets Act has a different legal basis in contrast to the competition framework; encourages the Commission to use in parallel its executive powers stemming from the competition policy framework and the Digital Markets Act;
Amendment 161 #
Motion for a resolution Paragraph 20 Amendment 162 #
Motion for a resolution Paragraph 20 Amendment 163 #
Motion for a resolution Paragraph 20 20. Highlights the EU’s future connectivity needs in terms of infrastructure and investments; calls
Amendment 164 #
Motion for a resolution Paragraph 20 20. Highlights the EU’s future connectivity needs in terms of infrastructure and investments;
Amendment 165 #
Motion for a resolution Paragraph 20 20. Highlights the EU’s future connectivity needs in terms of infrastructure and investments; calls
Amendment 166 #
Motion for a resolution Paragraph 20 20. Highlights the EU’s future connectivity needs in terms of infrastructure and investments; calls for the establishment of a policy framework whereby
Amendment 167 #
Motion for a resolution Paragraph 20 a (new) 20a. Points out that Big Tech companies abuse their dominant market position through self-preferencing to create customer lock-ins; notes that these practices increase market dominance and decrease consumer welfare; calls upon the Commission to investigate self- preferences;
Amendment 168 #
Motion for a resolution Paragraph 20 b (new) 20b. Notes with concern that gatekeepers that develop a data advantage over rivals can achieve critical economies of scale, which contribute to the further tilting of competitive balances in digital markets and stifle innovation;
Amendment 169 #
Motion for a resolution Paragraph 20 c (new) Amendment 17 #
Motion for a resolution Recital C a (new) Ca. whereas European dependencies on third countries and global powers in areas such as energy, medicines, technology or raw materials create vulnerabilities and could reduce the European Union´s ability to act;
Amendment 172 #
Motion for a resolution Paragraph 21 21. Stresses that
Amendment 173 #
Motion for a resolution Paragraph 21 21. Stresses that Parliament should play an active role in shaping competition policy and be more involved in the activity of working parties and expert groups; calls for the ordinary legislative procedure to be fully extended to cover competition policy legislation;
Amendment 174 #
Motion for a resolution Paragraph 21 21. Stresses that Parliament should play an active role in shaping competition policy and be more involved in the activity of working parties and expert groups; considers that more frequent use should be made of Parliament’s right to intervene in judicial proceedings concerning competition law; calls on the Commission to enter into negotiations for an interinstitutional agreement on competition policy;
Amendment 175 #
Motion for a resolution Paragraph 21 a (new) 21a. Stresses that EU competition rules shall contribute to the Union’s objective as defined in Article 3 TEU; considers that competition rules have a key role in ensuring full employment, social progress and the protection of the environment and biodiversity; stresses that the ‘fair price’ of products is not the lowest price possible for the consumer, but a price that allows for the fair remuneration of all parties along the supply chain, while not resulting in negative externalities;
Amendment 176 #
Motion for a resolution Paragraph 21 a (new) 21a. Calls on the responsible Member of the European Commission in charge of competition policy to stay in close contact with the European Parliament's competent Committee and its working group on competition issues;
Amendment 177 #
Motion for a resolution Paragraph 21 a (new) 21a. Calls on the European Council to adopt a decision under Article 48(7)(2) TEU allowing for the adoption of legislative acts in the area of competition policy in accordance with the ordinary legislative procedure;
Amendment 178 #
Motion for a resolution Paragraph 21 b (new) 21b. Underlines that in the aftermath of the financial crisis (2008 -2009), aid of more than one trillion EUR was granted to the banking sector in the form of credit guarantees and capital injections accounting together with other measures (including impaired asset schemes and liquidity measures) for nearly 12% of the EU GDP; is concerned by the conclusion of the ECA that in the years after the financial crisis, the EU banking sector remained an important beneficiary of State aid, despite the EU’s proclaimed intentions to prevent bank bailouts (in the period from 2010 to 2018 EUR 716 billion and EUR 1,763 trillion aid was approved by the Commission in the form of capital and liquidity aid instruments respectively);
Amendment 179 #
Motion for a resolution Paragraph 21 c (new) 21c. Points to the discrepancies and arbitrage opportunities between the rules on State aid and the resolution regime under the Bank Recovery and Resolution Directive (BRRD); urges the Commission, to reconsider its interpretation of the relevant State aid rules in a manner consistent with the BRRD and to revise its long overdue 2013 Banking Communication, including the area of liquidation aid;
Amendment 18 #
Motion for a resolution Recital C a (new) Ca. whereas the European Commission and national competition authorities need to act in an impartial and objective way in order to preserve the credibility of the EU's competition policy;
Amendment 180 #
Motion for a resolution Paragraph 21 d (new) 21d. Reiterates its request for the Commission to examine whether banking institutions have, since the onset of the crisis, benefited from implicit subsidies and State aid through the provision of liquidity support from central banks; recalls the commitment made by Commissioner Vestager to reflect on possible distortions of competition arising from the ECB’s Corporate Sector Purchase Programme and to report back with a qualitative answer;
Amendment 181 #
Motion for a resolution Paragraph 21 e (new) 21e. Warns against a harmful, untargeted subsidy race in the European Union benefitting solely large companies and their shareholders; warns more in particular against an accelerated aggressive tax competition through tax credits; calls on the EU to develop rules defining harmful tax credits; emphasises that tax credits should not serve the sole purpose of lowering the tax burden of large companies at the expense of public coffers and undermining the global minimum tax;
Amendment 182 #
Motion for a resolution Paragraph 21 f (new) Amendment 183 #
Motion for a resolution Paragraph 21 g (new) 21g. Reiterates that taxation is sometimes used to grant indirect State aid, creating an uneven playing field in the internal market; calls on the Commission to review its tax State aid rules to assess whether tax advantages, such as tax exemptions or tax credits, do distort competition; calls on the Commission to look into the possibility to fine countries found in breach of EU State aid rules; encourages the Commission to pursue its investigations into Member States’ tax ruling practices;
Amendment 184 #
Motion for a resolution Paragraph 21 h (new) 21h. Regrets that some multinationals still adopt aggressive and harmful tax practices, recalls that tax advantages targeted at large companies may stifle innovation and jeopardise the contestability of markets, especially for SMEs;
Amendment 185 #
Motion for a resolution Paragraph 21 i (new) 21i. Calls for the reinforcement of a conducive framework by phasing out tax exemptions and subsidies for fossil fuels no later than 2025, by preventing investment in new infrastructure incompatible with the Paris agreement and in particular investment in any new fossil fuel infrastructure, and by tightening regulatory framework on GHG emissions via regulatory standards, bans and market mechanisms towards climate neutrality by 2040 at the latest; calls on the Council to finally agree on the needed revision of the Energy Taxation Directive; highlights Member States’ subsidies for fossil fuels amount to over EUR 55 billion per year;
Amendment 19 #
Motion for a resolution Recital C a (new) Ca. emphasises that the global strength and importance of the EU Single Market derives from its internal competitiveness and equalised level- playing field;
Amendment 2 #
Motion for a resolution Citation 5 a (new) – having regard to Regulation (EU) 2021/1119 of the European Parliament and of the Council which sets the target of economy-wide climate neutrality by 2050 and establishes a binding Union reduction commitment of GHG emissions of at least 55 per cent below 1990 levels by 2030,
Amendment 20 #
Motion for a resolution Recital C b (new) Cb. whereas the COVID-19 pandemic, the energy crisis and the Russian aggression against Ukraine have tested the resilience of economies worldwide and exacerbated the relevance of resilience as a critical feature of competitiveness beyond a mere understanding of competitiveness in terms of price and cost;
Amendment 21 #
Cb. whereas the political independence of national competition authorities is of utmost importance to ensure the impartiality and credibility of competition policy;
Amendment 22 #
Motion for a resolution Paragraph 1 Amendment 23 #
Motion for a resolution Paragraph 1 1. Calls on the Commission to
Amendment 24 #
Motion for a resolution Paragraph 1 1. Calls on the Commission to safeguard the integrity of the single market; recalls that the response to the US Inflation Reduction Act must not be solely based on the use of State aid, but also on creating a more favourable environment for doing business, a renewed competition framework, providing speed and flexibility for companies investing and competing fairly in Europe;
Amendment 25 #
Motion for a resolution Paragraph 1 1. Calls on the Commission to safeguard the integrity of the single market; recalls that the response to the US Inflation Reduction Act must not be solely based on
Amendment 26 #
Motion for a resolution Paragraph 1 1. Calls on the Commission to safeguard the integrity of the single market; recalls that the response to the US Inflation Reduction Act must not be solely based on use of State aid, but also on a renewed competition framework, providing speed and flexibility for companies investing and competing fairly in Europe while complying with the EU climate goals ;
Amendment 27 #
Motion for a resolution Paragraph 1 a (new) 1a. Warns the Commission for international subsidy competition and calls upon the Commission to use the tools at its disposal to prevent and sanction unfair subsidy competition; understands the need for additional public investments; considers the introduction of dedicated permanent, if necessary debt- financed, European investment funds to be a better policy response; points out that currently the EU's borrowing costs are relatively high and therefore calls upon the Union to implement new own resources to back EU funds, allay liquidity concerns and thereby lower borrowing costs;
Amendment 28 #
Motion for a resolution Paragraph 1 a (new) 1a. Recalls that the aim of competition policies is to guarantee democracy while ensuring that economic activity, dominated by a single actor, does not have the capacity to impose on the people's representatives a policy that runs counter to the national interest and the will of the people; regrets that EU doctrine in this area focused on the belief that the sole aim of competition was to lower prices for consumers, without actually stopping to think about the vital aspect of where production takes place;
Amendment 29 #
Motion for a resolution Paragraph 1 a (new) 1a. Highlights that the US Inflation Reduction Act attaches social conditionalities to public support schemes promoting, such as good pay, apprenticeship places or unionized jobs; emphasizes that the US Inflation Reduction Act is planned to be financed through fair taxation of the largest corporations and extraordinarily wealthy households; calls on Member States and the Union to apply social conditionalities and fair taxation in their own public support schemes;
Amendment 3 #
Motion for a resolution Citation 5 b (new) Amendment 30 #
Motion for a resolution Paragraph 1 a (new) 1a. Stresses that the US Inflation Reduction Act uses local content requirements as a condition for allocating additional tax credits; calls on the Commission to closely monitor the effect of these clauses on supply chains and jobs on both sides of the Atlantic; is of the opinion that trade rules should allow for local content requirements when beneficial to the green industrial transition as well as to combat climate change;
Amendment 31 #
Motion for a resolution Paragraph 1 b (new) 1b. Considers that the treaty-based competition rules must be interpreted in light of the wider European principles underpinning the Union’s social market economy, notably environmental and social protection, equality considerations, consumer protection and public health, as mandated by Article 7 TFEU; takes the view, therefore, that activities which cause negative social and environmental externalities create market distortions that need to be addressed by means of competition law while, conversely, activities which bring social or environmental benefits should be explicitly taken into account when assessing treaty-based competition provisions;
Amendment 32 #
Motion for a resolution Paragraph 1 b (new) 1b. Stresses that competition policy should not be an obstacle to the implementation of an active industrial strategy; calls on Member States and the Union to pursue an active industrial policy underpinned by strong public investment to fight social and regional inequality, decarbonise industry and bolster autonomy in key economic sectors, while contributing globally to even and sustainable economic development; calls for a coordinated flexibilisation of State aid rules and the introduction of a dedicated permanent European solidarity funds to counterbalance uneven industrial support and development across Member States;
Amendment 33 #
Motion for a resolution Paragraph 2 2. Takes note of the Temporary Crisis and Transition Framework (TCTF), as well as of the update of the State aid rulebook that allows investments for the green and digital transitions; welcomes the 2023 review of the TCTF to introduce the ‘matching clause’ and avoid a race towards subsidies and tax cuts; stresses that any additional state support should be targeted and temporary; upholds that State aid should be consistent with EU policy objectives such as the Green Deal and the Pillar of Social Rights; calls on the Commission to investigate the lack of harmonisation of clawback mechanisms in Member States;
Amendment 34 #
Motion for a resolution Paragraph 2 2. Takes note of the Temporary Crisis and Transition Framework (TCTF), as well as of the update of the State aid rulebook that allows investments for the green and digital transitions; welcomes the 2023 review of the TCTF to introduce the ‘matching clause’ and avoid a race towards subsidies; stresses that a very large share of the State aid commitments under the Temporary Crisis Framework originated from a limited number of Member States; warns of the different fiscal capacity of Member States to provide aid and of the very real risk of unfair competition and consequent fragmentation of the single market;
Amendment 35 #
Motion for a resolution Paragraph 2 2. Takes note of the Temporary Crisis and Transition Framework (TCTF), as well as of the update of the State aid rulebook that allows investments for the green and digital transitions;
Amendment 36 #
Motion for a resolution Paragraph 2 2. Takes note of the Temporary Crisis and Transition Framework (TCTF), as well as of the update of the State aid rulebook that allows investments for the green and digital transitions; welcomes the
Amendment 37 #
Motion for a resolution Paragraph 2 a (new) 2a. Calls on the European Commission to ensure that all temporary State aid instruments are sufficiently targeted to avoid fragmentation of the single market;
Amendment 38 #
Motion for a resolution Paragraph 2 b (new) 2b. Recalls the imperative to ensure that any State aid support is aligned with the European 2030 climate and energy targets and complies with the energy efficiency first principle; stresses that any increased flexibility on State aid rules to support sustainable activities should be accompanied by a tightening of these rules to prevent State aid going to environmentally harmful activities;
Amendment 39 #
Motion for a resolution Paragraph 2 c (new) 2c. Underlines the unprecedented amounts of aid approved under the Covid and Temporary Crisis Framework; stresses that both frameworks do not preclude solvency support of failing undertakings leading to an extensive bailout of the entire corporate sector through the use of public resources; regrets that such support has not been accompanied by conditions at EU level, that would ensure taxpayer’s participation in the upside, including issuance of preferred shares with warrants, dividend restrictions, bans of shares buybacks nor requirements that would promote the environmental viability of companies such as energy efficiency, renewable energy usage and virgin material reduction targets;
Amendment 4 #
Motion for a resolution Citation 24 a (new) – having regard to the European Securities and Markets Authority (ESMA), "Report on CRA Market Share Calculation" of 15 December 2022,
Amendment 40 #
Motion for a resolution Paragraph 3 Amendment 41 #
Motion for a resolution Paragraph 3 3. Stresses that additional public and private investment will be needed to face new challenges
Amendment 42 #
Motion for a resolution Paragraph 3 3. Stresses that additional public and private investment will be needed to face new challenges; underlines that
Amendment 43 #
Motion for a resolution Paragraph 3 3. Stresses that a larger amount of additional public and private investment
Amendment 44 #
Motion for a resolution Paragraph 3 3. Stresses that additional public and private investment will be needed to face new challenges; underlines that a European Sovereignty Fund financed by additional fresh money will address the fragmentation of the internal market, support the EU’s industrial strategy, reduce our critical dependencies and ensure our open strategic autonomy while complying with the EU climate goals ;
Amendment 45 #
Motion for a resolution Paragraph 3 3. Stresses that additional public and private investment will be needed to face new challenges; underlines that a European Sovereignty Fund financed by additional fresh money
Amendment 46 #
Motion for a resolution Paragraph 3 3. Stresses that additional public and private investment will be needed to face new challenges; underlines th
Amendment 47 #
Motion for a resolution Paragraph 3 a (new) 3a. Reminds that a fragmented approach to State aid has the potential to create an uneven playing field within the EU internal market as not all Member States have the same fiscal space to provide support; calls therefore for the monitoring of potential distortive effects and for any flexibilisation of the State aid framework to be applied solely to support provided at European level;
Amendment 48 #
Motion for a resolution Paragraph 4 Amendment 49 #
Motion for a resolution Paragraph 4 4. Calls on the Commission to address greedflation; Considers excessive corporate profits and the ‘price - profit spiral’ to be the main drivers of inflation; reiterates that the Commission must make use of all the available tools under competition law to tackle the cost of living crisis; calls for consumer vulnerability to be taken into consideration when assessing whether a dominant undertaking’s conduct is abusive; asks the Commission to look into the ‘shrinkflation’ phenomenon and its consequences for markets and consumers’
Amendment 5 #
Motion for a resolution Citation 26 a (new) – having regard to the Commission Decision of 25 September 2023 prohibiting the acquisition of Flugo Group Holdings AB (‘eTraveli') by Booking Holdings (‘Booking'),
Amendment 50 #
Motion for a resolution Paragraph 4 4. Calls on the Commission to
Amendment 51 #
Motion for a resolution Paragraph 4 a (new) 4a. Highlights the urgent need for European authorities to look into alternative methods to control inflations; calls in this regard on the Commission to evaluate and provide guidance on the application of price controls with pre- established sunset timeframes for targeted market areas where the competitive situation is opaque and is fuelling inflation in consumer prices;
Amendment 52 #
Motion for a resolution Paragraph 4 a (new) 4a. Welcomes competition authorities’ initiatives across several Member States 1a to introduce new market investigation powers and calls on the European Commission to introduce a similar market investigation tool to avoid enforcement gaps where the practices occur across national borders within the EU; _________________ 1a Greece, Germany
Amendment 53 #
Motion for a resolution Paragraph 5 5. Underlines the importance of the Important Projects of Common European Interest (IPCEIs) for financing large transnational projects and achieving the EU’s strategic priorities
Amendment 54 #
Motion for a resolution Paragraph 5 5. Underlines the importance of the Important Projects of Common European Interest (IPCEIs) for financing large transnational projects and achieving the EU’s strategic priorities, but deplores the process and time required as being too burdensome for SMEs; calls on the Commission to ensure that any notification is completed within six months at the latest; stresses that IPCEIs should have genuine European added value, which means that they should have a positive impact on more than one Member State;
Amendment 55 #
Motion for a resolution Paragraph 5 5. Underlines the importance of the Important Projects of Common European Interest (IPCEIs) for financing large transnational projects and achieving the EU’s strategic priorities, but deplores the process and time required as being too
Amendment 56 #
Motion for a resolution Paragraph 5 a (new) 5a. Is deeply concerned that “rising corporate profits account for almost half the increase in Europe’s inflation over the past two years as companies increased prices by more than spiking costs of imported energy”1a; condemns this misuse of market power by corporations leading to higher levels of inflation and exacerbating the cost of living crisis; considers this development of a sellers’ inflation a failure of the framework and enforcement of competition policy in the Union; calls on Member States and the Commission to introduce permanent and general windfall taxes and to reform competition law in order to enable competition authorities to investigate and intervene systematically at sectoral level with unfair price hikes; _________________ 1a IMF Working Paper No. 2023/13 retrieved from: https://www.imf.org/en/Blogs/Articles/202 3/06/26/europes-inflation-outlook- depends-on-how-corporate-profits- absorb-wage-gains
Amendment 57 #
Motion for a resolution Paragraph 5 a (new) 5a. Calls on the Commission to assess how EU competition principles have affected the supply of services of general economic interest (SGEI), also in light of the Covid crisis and increased costs of living; calls for a SGEI exemption for affordable housing; calls on the Commission to assess the position of social services of general interest;
Amendment 58 #
Motion for a resolution Paragraph 5 a (new) 5a. Welcomes the European Commission's vigilance in enforcing State aid rules in the area of taxation; points out that Commission rulings are often challenged in court and therefore need to be thoroughly prepared;
Amendment 59 #
Motion for a resolution Paragraph 5 a (new) 5a. Calls for a market investigation tool that allows for investigating market structures and anticompetitive behaviours across entire economic sectors and to adopt sector-wide remedies;
Amendment 6 #
Motion for a resolution Recital A A. whereas EU competition policy has an important role in
Amendment 60 #
Motion for a resolution Paragraph 5 b (new) 5b. Is deeply concerned about the current food price crisis and the high levels of market concentration and financial ownership in food supply chains potentially disincentivising competition and facilitating unfair price hikes; calls for a thorough sectoral investigation of market power and financial ownership in EU food chains and the implementation of structural remedies including preventions of further mergers and acquisitions; calls for a revision of EU competition law to align its enforcement with the objective that corporate conduct has to respect the fundamental right of consumers to affordable food;
Amendment 61 #
Motion for a resolution Paragraph 5 b (new) 5b. Welcomes the Commission ‘Guidelines on the application of EU competition law to collective agreements’, clarifying that EU competition law does not prevent solo self-employed workers from engaging in collective bargaining; recalls that precarious working conditions of self-employed workers often stems from limited or no access to collective bargaining;
Amendment 62 #
Motion for a resolution Paragraph 5 b (new) 5b. Deplores that several recent Commission decisions in high-profile competition cases in the area of taxation have been annulled by the Courts; calls on the European Commission to prepare their competition policy cases more thoroughly so that they can hold up in a court of law;
Amendment 63 #
Motion for a resolution Paragraph 5 c (new) 5c. Recalls the Commission’s initiative for a ‘New Competition Tool’ which aimed at addressing gaps between EU competition rules and intervention tools against structural competition problems across markets; notes that with the new competition tool the commission would be able to investigate competition issues across entire sectors and impose remedies as opposed by individual companies; regrets that the initiative was abandoned; calls upon the Commission to reassess the ‘New Competition Tool’;
Amendment 64 #
Motion for a resolution Paragraph 5 c (new) 5c. Notes with concern that annulment of fines as well as retroactive payment of default interest in annulled cases also poses a budgetary risk for the Union;
Amendment 65 #
Motion for a resolution Paragraph 6 6.
Amendment 66 #
Motion for a resolution Paragraph 6 6. Welcomes the Commission’s announcement that it will launch an anti- subsidy investigation into Chinese electric vehicles
Amendment 67 #
Motion for a resolution Paragraph 7 7. Calls on the Commission to modernise public the procurement rules
Amendment 68 #
Motion for a resolution Paragraph 7 7. Calls on the Commission to modernise the public
Amendment 69 #
Motion for a resolution Paragraph 7 7. Calls on the Commission to modernise public the procurement rules to help foster green and digital industry; calls on the Commission to take into account the sustainability and sovereignty criteria for public procurement rules
Amendment 7 #
Motion for a resolution Recital A A. whereas EU competition policy has an important role in addressing the consequences of crises, setting fair conditions to encourage innovation and growth for the companies - especially SMEs- within the single market and, consequently, providing greater choice for consumers;
Amendment 70 #
Motion for a resolution Paragraph 7 7. Calls on the Commission to modernise public the procurement rules to help foster green and digital industry; calls on the Commission to take into account the sustainability and sovereignty criteria for public procurement rules in order to foster the production of goods ‘made in Europe’; points out that a clear, stable and predictable legal framework is essential for promoting high-quality investment in Europe;
Amendment 71 #
Motion for a resolution Paragraph 7 7. Calls on the Commission to modernise public the procurement rules to help foster green and digital industry; calls on the Commission to take into account the sustainability and national sovereignty criteria for public procurement rules in order to foster the production of goods ‘made in Europe’;
Amendment 72 #
Motion for a resolution Paragraph 7 7. Calls on the Commission to modernise the public
Amendment 73 #
Motion for a resolution Paragraph 7 a (new) 7a. Is concerned about the Commission’s ongoing in-depth investigations into a potential breach of EU State aid rules in the cases of the support measures for public rail freight operators Fret SNCF and DB Cargo; deplores that the investigations are causing pressure to restructure the sector threatening substantial amounts of jobs in Germany and France and contravening the decarbonisation of the transport sector; calls on the Commission to consult trade unions and ensure rail freight workers' rights; calls on the Commission to drop its investigations in the light of the objectives established by the sustainable and smart mobility strategy under the European Green Deal aimed at doubling rail freight traffic and reducing overall transport emissions by 90 % by 2050; stresses that competition policy should not prevent progress in the green transition for which rail freight is key;
Amendment 74 #
Motion for a resolution Paragraph 8 8. Underlines the key role of the European Competition Network (ECN); calls on the Commission to strive for continued constructive dialogue and cooperation at international level; underlines the need to increase collaboration between antitrust and other sectoral regulators, such as those dealing with data privacy, to both supervise corporate data misuse and prevent companies from using consumer data to gain an unfair competitive advantage; welcomes the relevant role of NCAs in enforcing the DMA rules and the national legislative initiatives that are being put in place to tackle anti-competitive behaviour of large online platforms in digital sectors; in this regard, stresses the importance of coordinated and homogeneous action that does not undermine the application of the DMA on the one hand and national competition rules in the digital sectors on the other hand, as foreseen in Article 1(6) of the DMA;
Amendment 75 #
8. Underlines the key role of the European Competition Network (ECN) as a forum to foster collaboration and cooperation among European competition authorities; calls on the Commission to strive for continued constructive dialogue and cooperation at international level; underlines the need to increase collaboration between antitrust and other sectoral regulators, such as those dealing with data privacy, to both supervise corporate data misuse and prevent companies from using consumer data to gain an unfair competitive advantage;
Amendment 76 #
Motion for a resolution Paragraph 8 a (new) 8a. Deplores the distortive effects of aggressive tax planning and of tax systems of certain Member States on fair competition, as it may stifle innovation and jeopardise contestability of markets, especially for SMEs; calls for companies that engage in tax avoidance using third- country tax havens to be excluded public procurement procedures and barred from receiving State aid, as these companies are competing under unfair conditions with companies established in non-tax havens; welcomes the Commission’s recommendation of 14 July 2020 to not grant financial support to companies with links to tax havens while protecting honest taxpayers; calls on the Commission to examine the effects of tax advantages for fossil fuels;
Amendment 77 #
Motion for a resolution Paragraph 8 a (new) 8a. Points out that in a globalised world, international cooperation is crucial to ensure effective competition enforcement; stresses that dedicated cooperation agreements with third countries in the area of competition policy can meaningfully contribute to its effectiveness; calls on the Commission to develop the influence of competition policy in the world, in particular by stepping up cooperation with third countries via second generation cooperation agreements that allow for a more effective exchange of information between competition authorities;
Amendment 78 #
Motion for a resolution Paragraph 8 a (new) 8a. Stresses the relevance of the Court of Justice of the EU's judgment of 9 February 2023 in case C-555/21 (UniCredit Bank Austria) which, although relating to credit agreements on residential property (Directive 2014/17/EU of the European Parliament), should be considered to be an endorsement of the Court's judgment of 11 September 2019 in case C-383/18 with a view to ensuring a level playing field in the consumer credit market;
Amendment 79 #
Motion for a resolution Paragraph 8 a (new) 8a. Supports the principle that the use of public money should entail public ownership and control; calls for public investment enabling public ownership and public control over strategic company decisions such as closures, reductions in production and relocations to be prioritised over the use of subsidies as State aid;
Amendment 8 #
Motion for a resolution Recital A a (new) Aa. whereas EU competition policy protects market structures against concentrations and accumulations of market power, just as it advances consumer welfare;
Amendment 80 #
Motion for a resolution Paragraph 8 a (new) 8a. Calls on the Commission to make greater use of additional evidential tools such as behavioural insights and financial analytics, as well as greater use of data, computer, and AI scientists as well as behavioural economists in competition law enforcement;
Amendment 81 #
Motion for a resolution Paragraph 8 b (new) 8b. Notes that the three largest credit rating agencies hold a market share of over 90%; regrets the continued high degree of market concentration for credit rating agencies; concludes that existing measures to enhance competition in this market are insufficient; calls for the creation of a European public credit rating agency as an impartial and trusted alternative to existing agencies;
Amendment 82 #
Motion for a resolution Paragraph 8 b (new) 8b. Stresses that State aid should not amount to a transfer of public wealth to private shareholders; calls for a ban on the distribution of dividends to shareholders and bonuses to upper management in companies receiving State aid;
Amendment 83 #
8c. Points out that the audit market is one of the most concentrated markets in the Union, where the Big Four firms have a market share of over 90%; recalls that the high degree of market concentration in the audit market is a long acknowledged threat to financial market stability; recalls Commissioner McGuinness' commitment to reform the rules for auditors and the intention to present a legislative proposal at the end of 2022; notes that such legislative proposal is not presented; calls upon the Commission to present a legislative proposal on audit market reform which strengthens the supervision regime, addresses loopholes and Member State exceptions and introduces rules to avoid conflicts of interests; urges the Commission to take measures to avoid closeness between public institutions and audit firms, including its own operations;
Amendment 84 #
Motion for a resolution Paragraph 8 c (new) 8c. Stresses that the purpose of State aid is not to serve the private interests of companies but to support and guide sustainable industrial development in the public interest; calls on Member States to attach social conditionalities to the provision of State aid with the objective of fostering good working conditions and pay, labour participation and collective bargaining rights and the maintenance and creation of new jobs and apprenticeships;
Amendment 85 #
Motion for a resolution Paragraph 8 d (new) 8d. Regrets the decision by Ernst & Young to stop its audit and advisory businesses separation process; notes that the combination of audit and advisory business can lead to conflicts of interest and can enhance the market dominance of each of the Big Four firms; calls upon the Commission to investigate the audit and advisory business combination and possibly present measures to prevent conflicts of interest and market dominance;
Amendment 86 #
Motion for a resolution Paragraph 8 d (new) 8d. Calls on Member States to attach environmental conditionalities to the provision of State aid with the objective of promoting a zero-emissions and zero- waste economy as well as the conservation of biodiversity;
Amendment 87 #
Motion for a resolution Paragraph 9 9.
Amendment 88 #
Motion for a resolution Paragraph 9 9.
Amendment 89 #
Motion for a resolution Paragraph 9 9. Underlines the importance of the Commission taking decisive action, under Article 22 of the EC Merger Regulation, against ‘killer acquisitions’ in the digital sector that must be reported under the Digital Markets Act;
Amendment 9 #
Motion for a resolution Recital B Amendment 90 #
Motion for a resolution Paragraph 9 a (new) 9a. Welcomes the Commission’s decision of 25 September 2023 prohibiting the acquisition of eTraveli by Booking; underlines the importance of structural remedies in merger decisions; calls for matters of public interest, such as climate protection, sustainability and consumer vulnerability to be taken into account when examining the impact of a concentration on the internal market; calls for the introduction of a rebuttable presumption that effective competition is significantly impeded by any concentration involving an undertaking that already holds a dominant position on the relevant market, a very large market operator or a gatekeeper in terms of the Digital Market Act;
Amendment 91 #
Motion for a resolution Paragraph 9 a (new) 9a. Points out that allowing consolidation within EU Member States is a necessary condition for the European telecom companies to be able to gain scale, compete effectively in a global scenario and continue to invest in very high capacity networks, for the benefit of consumers and of the EU Single Market;
Amendment 92 #
Motion for a resolution Paragraph 10 10. Welcomes the Commission’s initiative to review its notice on the definition of ‘relevant market’ and looks forward to the outcomes of the public consultation;
Amendment 93 #
Motion for a resolution Paragraph 10 10. Welcomes the Commission’s initiative to review its notice on the definition of ‘relevant market’ and looks
Amendment 94 #
Motion for a resolution Paragraph 10 10. Welcomes the Commission’s initiative to review its notice on the definition of ‘relevant market’ and looks forward to the outcomes of the public consultation; underlines the need to adopt a more dynamic approach and take into account a longer-term vision encompassing the global dimension and potential future competition; supports the Commission in taking more account of the potential harm to competition when assessing mergers where expansion into adjacent markets would have the effect of further strengthening market dominance in the acquiring company’s core market;
Amendment 95 #
Motion for a resolution Paragraph 10 10. Welcomes the Commission’s initiative to review its notice on the definition of ‘relevant market’ and looks forward to the outcomes of the public consultation; underlines the need to adopt a more dynamic approach that goes beyond the traditional approach, especially for new emerging markets such as in the digital sector, and take into account a longer-term vision encompassing the global dimension and potential future competition;
Amendment 96 #
Motion for a resolution Paragraph 10 a (new) 10a. Is deeply alarmed by the far reaching concentration of the food supply chain, whereby four companies, all with close financial ties, own and sell up to 60% of the global seed market and 75% of global pesticides, to the detriment of consumers, farmers, the environment and biodiversity alike; points out that such an oligopoly will make farmers even more technologically and economically dependent on a few globally integrated one-stop-shop platforms, produce limited seed diversity, re-direct trends in innovation away from the adoption of a production model which is respectful of the environment and biodiversity and ultimately, as a result of reduced competition, generate less innovation;
Amendment 97 #
Motion for a resolution Paragraph 10 a (new) 10a. Welcomes the European Commission to block Booking Holdings acquisition of Etraveli 2a ; Notes that Booking is already the largest and most influential online platforms in Europe, which affects the daily operations of tens of thousands of Small and Medium-Sized Enterprises (SMEs) in the hotel sector; stresses that with this acquisition, Booking could further strengthen its dominance in the hotel market that could lead to higher costs for hotel and, possibly for consumers; reminds that in July 2023, Booking declared that it did not yet qualify as a gatekeeper under the DMA thresholds mainly because of the various Covid19 lockdowns; _________________ 2a https://ec.europa.eu/commission/presscor ner/detail/en/ip_23_4573
Amendment 98 #
Motion for a resolution Paragraph 10 a (new) Amendment 99 #
Motion for a resolution Paragraph 10 a (new) 10a. Calls for the quantitative jurisdictional thresholds in the EC Merger Regulation to be reviewed periodically to reflect new market developments; notes in particular that the turnover thresholds in the Merger Regulation alone might not be suitable to detect all cases that should be reviewed by competition authorities;
source: 754.853
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