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Economic and Social Policies, PUBLICATIONS

Single market information tool (SMIT) [EU Legislation in Progress]

Written by Cemal Karakas (1st edition),

compliance concept flowchart

© cacaroot / Fotolia

Competition and consumer protection in the single market are often undermined by measures such as price discrimination based on residency, geo-blocking of online audio-visual content, or limited cross-border parcel delivery. While many businesses do not cooperate with the Commission by e.g. disclosing their pricing structure, Member States often do not have the means or the tools to collect and deliver the required information to the Commission.

On 2 May 2017, the Commission presented a ‘compliance package’ of three proposals on enhancing the practical functioning of the single market. One of these introduces the single market information tool (SMIT). The use of SMIT would be a measure of last resort and subject to confidentiality requirements. SMIT would provide the Commission with e.g. powers to request business-related information (such as cost structure or product volumes sold), and to address regulatory and market failures in a more timely and efficient way.

Versions

Proposal for a Regulation of the European Parliament and of the Council setting out the conditions and procedure by which the Commission may request undertakings and associations of undertakings to provide information in relation to the internal market and related areas
Committee responsible: Internal Market and Consumer Protection (IMCO) COM(2017) 257
02.05.20172017/0087(COD)

Ordinary legislative procedure (COD) (Parliament and Council on equal footing – formerly ‘co-decision’)

Rapporteur: Eva Maydell (EPP, Bulgaria)
Shadow rapporteurs:

 

Maria Grapini (S&D, Romania)

Jasenko Selimovic (ALDE, Sweden)

Next steps expected: Discussion in IMCO and publication of draft report

Stage: EESC

Discussion

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The content of all documents (and articles) contained in this blog is the sole responsibility of the author and any opinions expressed therein do not necessarily represent the official position of the European Parliament. It is addressed to the Members and staff of the EP for their parliamentary work. Reproduction and translation for non-commercial purposes are authorised, provided the source is acknowledged and the European Parliament is given prior notice and sent a copy. Copyright © European Union, 2014. All rights reserved

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