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Parliamentary questions
PDF 38kWORD 19k
18 April 2019
E-002124-19
Question for written answer E-002124-19
to the Commission
Rule 130
Matt Carthy (GUE/NGL)

 Subject:  Social impact of US vulture funds
 Answer in writing 

The Commission’s impact assessment of its proposed directive on developing secondary markets for non-performing loans points out that the 10 dominant private equity firms active in the EU are North American in origin — nine from the US and one from Canada (impact assessment Part 1, pp. 114-115).

Can the Commission provide further details of the market share of these dominant firms and provide details of the less significant players in this market, including their market share and origin?

The Commission’s impact assessment included no information on the social impact of the activities of these firms.

Has the Commission collated any further sources of information on the social impact of these firms in Member States, including their impact on the right to adequate housing?

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