Competition policy – annual report 2024

Tabled by Martin Schirdewan, Manon Aubry

… that under the Treaty, the Commission is empowered to address exploitative abuses; Added: highlights that corporate profits have been significant contemporary drivers of inflation; stresses that profit-driven inflation, or greedflation, should be met with appropriate interventions, such as windfall taxes, price controls or antitrust proceedings, in order to mitigate its socially harmful impact on the cost of living; calls on the Member States and the Commission to immediately introduce permanent windfall profit taxes to combat profit-driven inflation in all sectors and to redistribute windfall profits to low-income households;

Wording as published by the EP, in English. PE772.536v01-00