Telefónica yesterday lost its bid to overturn its landmark €152 million antitrust fine – upholding the largest telecoms sanction ever issued by the European Commission and confirming the authority's stance on margin squeeze.
Spain’s National Competition Commission (CNC) has criticised the government’s proposal to merge it with sector regulators, saying the draft bill fails to safeguard independent and effective competition enforcement.
Spain’s plan to merge the National Competition Commission (CNC) with several sector regulators, described as a “revolution” and “without precedent” by lawyers, has stirred a debate on whether the reform will help achieve more consistent enforcement or raise conflicts of interest.
Spain’s National Competition Commission (CNC) has fined five shipping companies €54 million for operating a cartel on freight and passenger shipping lines around the Balearic Islands.
Spain’s National Competition Commission (CNC) has fined Endesa a total of €23 million on two accounts of abuse of dominance, continuing to punish electricity companies for using inside information to exclude rivals from the market.
Spain’s National Competition Commission (CNC) has fined two auto-part makers that formed a joint venture last year €124,000 for failing to notify the transaction before beginning the merger.
Spain’s National Competition Commission (CNC) has fined telecoms company Abertis €13.8 million for abusing its dominant position through margin squeeze, stirring controversy over the relationship between the CNC and sector regulators.
Spain’s National Competition Commission (CNC) has adopted recommendations by the country’s Telecommunications Market Commission (CMT) to speed up the planned reduction of mobile phone termination rates.
Spain’s National Competition Commission (CNC) has fined motorcycle manufacturers Honda and Suzuki €4 million for colluding to exchange price information.
Spain’s National Competition Commission (CNC) has fined five cement makers, including Cemex and Cementos Portland Valderribas, €11 million for participating in a cartel.
Spain’s National Competition Commission (CNC) has closed an investigation of exclusive practices agreed between an association of local governments, and several trade associations, accepting commitments to end such agreements.
Spain’s National Competition Commission (CNC) has opened proceedings against Telefónica, Vodafone and Orange for alleged abuse of dominance, reigniting the debate on whether companies are responsible for margin squeeze when their tariffs are regulated.
Spain’s National Competition Commission (CNC) has accepted credit card terminal company Verifone’s proposed remedies in its merger with rival Hypercom, months after the companies announced the deal’s completion.