Home » World » The European Fee welcomes Mitsotakis’ letter for its accuracy – 2024-05-25 21:55:06

The European Fee welcomes Mitsotakis’ letter for its accuracy – 2024-05-25 21:55:06

H European Fee greets her letter despatched by the Greek Prime Minister to the President of the Fee, Ursula von der Leyen to deal with the phenomenon of variations within the promoting costs of primary shopper merchandise and emphasizes that it’ll reply in due time.

In response to a consultant of the Fee, the Greek Prime Minister’s letter contributes to the general reflection on the way forward for the one market, stressing that the Fee stays dedicated to eradicating unjustified regulatory and non-regulatory limitations to make sure the most effective functioning of the one market.

The total response of the consultant of the Fee is as follows:

“We obtained the letter from the Prime Minister of the Hellenic Republic, Kyriakos Mitsotakis, addressed to the President of the Fee, Ursula von der Leyen.

In accordance with our regular apply, we’ll reply to the letter in a well timed method.

We additionally welcome the letter, which will likely be supported by Mario Draghi’s report on the way forward for European competitiveness and Enrico Letta’s report on the way forward for the one market.

The Fee stays consistently dedicated to eradicating unjustified regulatory and non-regulatory limitations to make sure the most effective functioning of the one market.

Territorial provide constraints (TSCs) quantity to non-regulatory limitations to the higher functioning of the one market.

The European Fee carried out a research in 2020 which confirmed the existence of those non-regulatory restrictions imposed by suppliers on retailers, stopping them from sourcing within the nation of their selection.

In response to competitors legislation, such agreements are unlawful and such unilateral practices are prohibited if the producer has a dominant place within the import market.

The European Fee is inspecting quite a lot of such instances. The Fee is not going to hesitate to guard customers by investigating these instances as a matter of precedence. Whereas competitors enforcement as such can not deal with the issue at its root, it will probably play an necessary function.

A number of Member States have requested the Fee to look into this subject and determine a single market resolution past competitors guidelines.

The price of residing disaster makes the value subject much more delicate for customers.

Within the “transition path in the direction of the retail ecosystem” revealed in March 2024, the Fee proposed to start out a dialogue between the stakeholders, i.e. worldwide suppliers of branded merchandise, retailers and customers, to attempt to discover options.

In the identical manner, there needs to be additional dialogue with the Member States.”

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