Ursula von der Leyen: Positive response to Kyriakos Mitsotakis for lower prices for multinationals’ products – 2024-07-06 22:20:14

The response of the president of the European Commission, Ursula von der Leyen, to the intervention of Prime Minister Kyriakos Mitsotakis to take measures once morest the unfair practices of multinationals, which have the consequence of selling the same or similar products at different prices in the EU countries, is positive.

This is an important development for the Greek market and consumers, as Kyriakos Mitsotakis, in his letter to Mrs. von der Leyen, had pointed out the problem of “different prices” set by multinationals for the same products at the expense of consumers, especially in countries with smaller populations.

In her reply letter Mrs von der Leyen acknowledges the problem and states that she is instructing the Commission services to collect data from all countries in order to take initiatives and strengthen the legal and regulatory framework of the EU

In particular, the European Commission is launching an investigation into the unfair practices of multinational companies denounced by Prime Minister Kyriakos Mitsotakis, which result in identical or similar products being sold at different prices within the EU, as stated in a letter to the Prime Minister European Commission President Ursula von der Leyen.

In her letter, which comes in response to the letter sent to her by the Prime Minister in May, von der Leyen informs Kyriakos Mitsotakis that she is instructing the Commission’s services to collect data from investigations, studies and analyzes on the issue, in close cooperation with the authorities of the member states.

Based on the data that will emerge, Brussels will start a dialogue with all those involved, while corporate practices and regulatory rules that may favor the appearance of Geographical Supply Restrictions, i.e. obstacles to the free flow of goods in certain countries of the European Union, will be examined.

In her letter to the Prime Minister, Mrs. Ursula von der Leyen, who is considered very likely to succeed in being re-elected to serve a second five-year term at the head of the Commission, points out that this issue will be on the political agenda of the Commission during the next European cycle , in order to consider possible measures once morest Geographical Supply Restrictions.

The research process cannot be ruled out leading to an enrichment of the legal and regulatory “arsenal” currently available to the EU, as Ka von der Leyen reports that the issues raised by the Prime Minister may be outside the existing regulatory framework. The findings “will allow us to consider different options, in areas such as competition or single market rules” with the aim of “tackling such unfair practices”, it says.

Mrs. von der Leyen even thanks Kyriakos Mitsotakis for his “valuable contribution” and for the solutions he proposed in his letter, expressing confidence that the research process will determine the next steps so that all European citizens “enjoy the benefits equally of the single market, wherever they live”.

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