European Parliament
Anne Delvaux  (PPE ),
in writing.
(FR)
The European Commission’s annual report on EU competition policy 2010 clearly shows that the recent consolidations in the banking sector have, in fact, allowed several financial institutions to increase their market share. I voted in favour of this report, as it very clearly urges the Commission to continue to keep a close watch on developments in the European banking sector. As for the fines and transaction procedures where a breach of anti-trust rules or anti-competitive behaviour occurs, I, too, believe that the fining policy is an important tool for deterrence and enforcement.

