The EESC shares the Commission's view on the strategic importance of payments and that further work is needed to enable payment transactions within the single market using new home-grown, pan-European payment solutions. It also supports the view that the Commission should act as a political catalyst, whilst it is the private sector that should design the innovative digital payment solutions. The EESC believes that relevant market players should be subject to appropriate legislation, supervision and oversight, ensuring a level playing field among those offering the same services and activities.
Download — Opinia EKES-u: Retail payments for the EU (Communication)
The EESC calls on the authorities at all levels to engage in close cooperation with all the stakeholders with a view to drawing up a specific action plan on the future of European retail in the 21st century.
The opinion aims to present a detailed analysis of the current state of commercial relations between food suppliers and the large retail sector, it also intends to put forward arguments demonstrating that the traditional concept of contractual freedom sometimes invoked by those opposing the regulation of commercial relations is, in practice, largely obsolete.
