Translation of "Compartiment propre au sein des Euro-marchés " (French → English) :

separate compartment within the Euro-markets

Antitrust: Commission fines Google €2.42 billion for abusing dominance as search engine by giving illegal advantage to own comparison shopping service - Factsheet // Brussels, 27 June 2017

Antitrust: Commission fines Google €2.42 billion for abusing dominance as search engine by giving illegal advantage to own comparison shopping service // Brussels, 27 June 2017

Points out that while private, own-brand labelled products can bring increased value, choice and ‘fair trade’ products to consumers, they also represent a strategic issue in the medium- and long-term, as they introduce a horizontal dimension to competition in respect of industrial brands that had never previously been a factor and that can give an unfair and anti-competitive position to retailers, who become both customer and competitor; draws attention to the existence of a ‘risk threshold’ beyond which the market penetration of own brands in a given category of product could turn the current positive effects of own brands into negative eff ...[+++]ects, and provide a disincentive as regards the innovative efforts of many companies; insists, therefore, that the issue of private own-brands requires particular attention from the Commission and competition authorities, specifically with regard to the need to assess the potential long-term consequences for the supply chain and the position of farmers within it, while bearing in mind that consumer habits in Member States vary.

9. Welcomes the Council’s decisions to strengthen Eurozone governance with new instruments to face the challenges revealed by the crisis and on the implementation of the support package for Greece, the creation of a European financial Stability Mechanism, the strengthening of economic governance, the regulation of the financial markets and the fight against speculation; embracing thus the main principle that euro area problems shall be addressed throu ...[+++]gh euro area solutions; considers that these new instruments should also reinforce the coordination of economic policies between all EU Member states beyond surveillance towards pro-active economic policy coordination, including strengthened governance mechanisms to implement the Europe 2020 strategy; regrets, in this respect, that while the Commission has been making wide-reaching proposals to strengthen budgetary surveillance, it has stopped short of proposing sufficiently relevant solutions for restoring and enforcing long term economic sustainability and towards a well targeted economic policy coordination geared towards the development of a common budgetary strategy in the framework of a comprehensive Europe 2020 strategy;