“We support this bill”
New Market Liberalization Act of 2020
Rationale
These reforms aim to boost economic growth and competitiveness by reducing regulatory burdens, encouraging private investment, and freeing businesses to operate more efficiently.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Banking & Financial Regulation |
Strong prudential oversight
|
Light-touch regulation
|
|
| 2 | Competition & Monopolies |
Active competition enforcement
|
Permissive on mergers and scale
|
|
| 3 | Public Ownership of Key Industries |
Public ownership of natural monopolies
|
Private, with strong regulation
|
|
| 4 | Minimum Wage Policy |
High living wage
|
Basic minimum wage
|
|
| 5 | Trade Union Rights |
Full collective bargaining and strike rights
|
Unions permitted but strikes severely limited (cooling-off periods; binding arbitration)
|
1
Banking & Financial Regulation2
Competition & Monopolies3
Public Ownership of Key Industries4
Minimum Wage Policy5
Trade Union RightsProposer
Party
The Marianne Liberty Alliance
The Marianne Liberty Alliance supports proven policy in order to create the best outcomes domestically and internationally. The Marianne Liberty Alliance believes in a free, but regulated market to foster prosperity.
Core pillars
Caroline Faure
Minister of the Economy and Finance · Age 39
Caroline Faure went from law school debater to media darling overnight, blending razor-sharp analysis with a preacher’s gift for turning data into persuasive speeches.
Timeline
-
Draft2 November 2020
-
Vote Open2 November 2020
-
Vote Closed1 January 2021
-
Became Law1 January 2021
Vote tally
Live tally across each chamber. Weighted by seats held.
Senate
PassedFor: 194 / 348 seats (55.7%)
Against: 86 · Abstained: 0 · Not voted: 68
| Party | Seats | Vote | Reason |
|---|---|---|---|
| The Greens Of Marianne | 86 | No | We oppose this bill. |
| The Marianne Liberty Alliance Proposer | 59 | Yes | No reason given |
| The National Refoundation Front | 135 | Yes | We support this bill |
National Assembly
PassedFor: 372 / 577 seats (64.5%)
Against: 183 · Abstained: 0 · Not voted: 22
| Party | Seats | Vote | Reason |
|---|---|---|---|
| The Greens Of Marianne | 183 | No | We oppose this bill. |
| The Marianne Liberty Alliance Proposer | 113 | Yes | No reason given |
| The National Refoundation Front | 259 | Yes | We support this bill |
Presidency
PassedFor: 1 / 1 seats (100.0%)
Against: 0 · Abstained: 0 · Not voted: 0
| Party | Seats | Vote | Reason |
|---|---|---|---|
| The National Refoundation Front | 1 | Yes | No reason given |
Voting record
Every vote must state a public reason. Most recent first.
“We oppose this bill.”