Marín Quemada (CNMC) urges further reduce “excessive … – Yahoo Finance Spain

BARCELONA, 14 (IRIN)

President of the National Commission of Markets and Competition (CNMC), José María Marín Quemada It committed Tuesday to continue undertaking structural reforms in Spain to eliminate “overregulation” I judged that still exists, and thus promote economic growth, job creation and improvement of the welfare state.

At a conference on ‘The Competition engine of growth and welfare’ in the Circle of Economy, added that “no stretch to further improve labor reforms” because the less rigidity, the more quality and more competitive market will be.

You have argued that overregulation is not positive, and when competition is preserved and the rules are met “higher productivity and better rates of economic growth is achieved”.

Added that “regulation is not necessary when there is competition,” you need to find a balance, and that the main enemy to fight cartels are an illegal figure should have been considered social rejection that do not already have.

Transparency

Marín Quemada has also advocated transparency, and that the institutionalization of lobbyists or ‘lobbies’ applies, as happens in other countries, so they do not end up acting through sectoral business associations, implying risk of Executed anticompetitive agreements.

He has insisted that the CNMC works to promote the smooth operation of the markets for the benefit of consumers and businesses, and recognized that the global economy is natural that corporate mergers and the creation of corporate giants, but what is not natural or acceptable is that they have “unjustified privileges”.

Asked about the electricity bill, criticized that no one understands him and considered that the costs of energy policies should not be in the bill of users, and regarding the incipient liberalization of rail passenger transport, He has said he is in the process of ordering phase “with a little care.”

“Some instruments are poorly resolved or should be in another format, and our obligation is to speak. On some we have already said and others will do so in the coming months “, has exposed on the regulations of the administration in general

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