The financial crisis led to the bail out of several banks which were considered to be “too big to fail.” Considering the costs of those bail outs for the European taxpayer and in view of the importance of financial stability for the proper functioning of the EU’s internal market, the EU institutions created a new…
On 7 April 2016, the CNMC (Spain’s National Authority for Markets and Competition) Council imposed fines totalling €6.12 million on six Spanish nougat (“turrón”) producers for agreeing to share the market of the main distributors of white label nougat in Spain between 2011 and 2013[1]CNMC Council Decision of 7 April 2016, Nougat producers, S/DC/0503/14. See…
On 11 December 2014 Google announced that it would be closing down Google News in Spain. The decision came after the introduction of new copyright legislation supported by the Association of Editors of Spanish Dailies (AEDE) that forces all Spanish news publishers to charge aggregators like Google News for showing short extracts of text from…
In the run-up to the London Olympics, it seems particularly appropriate that the competition theme of the moment is all about fighting. Take Spain, for instance. The country’s antitrust authority – the Comisión Nacional de la Competencia (CNC) – has recently started legal proceedings against a bunch of matadors and a sports marketing rights consultancy…
