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October 24, 2014
Wednesday, August 20, 2014

Senate committees discuss consumer bills

A commitee plenary session in the Senate began discussions today on amendments to the Competition and Anti-Hoarding laws with the presence of government officials.

Although the government had hinted that express approval could be sought in today's session, ultimately the decision was taken to suspend the final vote for the coming week.

Cabinet Chief Jorge Capitanich; Justice Minister Julio Alak; Justice Vice minister Julián Álvarez,  and Domestic Trade Secretary Augusto Costa, participated in the debate, as well as consumer associations and representatives from business interests.

Capitanich defended the proposed changes, which have come in for fierce criticism from business leaders who argue that they would harm job creation.

"The regulatory capacity of the state is there to optimise the economic system's functioning. It is not an ideological question, but a practical one," the Cabinet chief pointed out.

"If there is no regulatory capacity in the state, there is a tendency towards a greater economic concentration that creates unequal distribution and hurts the purchasing power of consumers and small producers," he underlined.

In turn, Álvarez slammed criticisms of the proposed modifications, challenging opponents to discuss "article by article" the changes. The secretary maintained that the alterations "do the opposite of everything critics have been claiming."

Focusing his attention on business leaders, Álvarez asked "why do you not ask a single question about the law's articles?"

Radical senator Ernesto Sanz, meanwhile, neglected to ask about the project in discussion during the committee; but did take the opportunity to slam the Victory Front's economic policies over the last 10 years.

"Its recent speeches have been extremely cheap," the UCR figurehead told Álvarez.

"If you wish to fight against corporations go to the heart of the matter, public works, the banks, where there are lots of cartels and where in 11 years you have done nothing."

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Tags:  Senate  debate  Congress  bills  consumers  





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