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Kroes, Neelie --- "Helping Europeans Get the Best Deal: A Sound Competition Policy for Well-functioning Markets" [2010] ELECD 350; in Mateus, M. Abel; Moreira, Teresa (eds), "Competition Law and Economics" (Edward Elgar Publishing, 2010)

Book Title: Competition Law and Economics

Editor(s): Mateus, M. Abel; Moreira, Teresa

Publisher: Edward Elgar Publishing

ISBN (hard cover): 9781848449992

Section: Chapter 2

Section Title: Helping Europeans Get the Best Deal: A Sound Competition Policy for Well-functioning Markets

Author(s): Kroes, Neelie

Number of pages: 5

Extract:

2. Helping Europeans get the best deal:
a sound competition policy for well-
functioning markets
Neelie Kroes

I would like to congratulate the Presidency and the Portuguese Competition
Authority for bringing us together for this Second Lisbon Conference.
Today we also celebrate European Competition Day, and I am pleased to
see so many national competition authorities and ministries represented
here, alongside judges, academics and practitioners from both sides of
the Atlantic. It is apt that we are meeting here in Belém, just up the road
from where the great Portuguese explorers set off to discover what lay on
the other side of the ocean. I am sure that over the next two days we will
once again see that the links across the Atlantic are stronger than ever.
I am convinced that the similarities of our approaches to competition
far outweigh the differences. In particular, we all agree on one basic and
fundamental fact: competition policy is first and foremost there to serve
the consumer. But it requires constant commitment and constant efforts
to get the best out of free but fair markets, and pass these benefits to our
citizens.


1. TOWARDS MORE EFFICIENT AND MORE
EFFECTIVE STATE AID

So first to the theme of this European Competition Day: state aid. As
you know, the fundamental overhaul of our European state aid rules has
been the ongoing priority of my mandate. None of our Member States
has unlimited resources. None of them can afford to waste tax-payers'
money. ...


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