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Consumers: 63 million coming from the Antitrust, but it should have been 134

The sum comes from the proceeds of administrative fines – In reality, by November alone, the Authority had brought home more than double, but the 2012 stability law determined the "non-reassignability" of a significant portion of the resources, which could be sorted by the Ministry of Economic Development also in 2012.

Consumers: 63 million coming from the Antitrust, but it should have been 134

More than 63 million euros are arriving for Italian consumers, the result of the proceeds of the sanctions imposed by the Antitrust. In reality, the resources paid into the State budget on the chapter relating to "sums deriving from administrative sanctions imposed by the Competition and Market Authority to be allocated to initiatives for the benefit of consumers", which flowed as at 30 November 2011, amounted a total of 134.535.547,9 euros.

But – recalls the undersecretary for the economy and finance Gianfranco Paolillo, answering a question from the Pd deputy Laura Froner – the 2012 stability law establishes that the sums paid by 31 October 2011 at the entrance of the state budget and not reassigned to the relevant forecast units, are definitively acquired in the state budget for the amount of 70.714.000 euros.

And therefore "this provision has resulted in the non-reassignability of a significant portion of the inflowing resources and intended for initiatives for the benefit of consumers". It follows that of the 134 million collected by the Antitrust, 63.821.547,92 remain reassignable. Sums which – Paolillo points out – can also be reassigned in the following year by decree of the Minister of the Treasury, the Budget and Economic Planning to a special fund registered in the estimates of the Ministry of Industry, Commerce and Crafts.

"Consequently - is the assurance of the undersecretary - the resources flowing in during 2011 can be reallocated to the pertinent expenditure items of the Ministry of Economic Development also during 2012".

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