CNMC sanctions for the first time several individuals for their involvement in a competition infringement
It is expected that the CNMC will use more often this faculty in the future, as announced by its President.
June 7, 2016In a recent decision, the CNMC has sanctioned for the first time individuals for their involvement in an anticompetitive agreement.
The Spanish Competition Act entitles the CNMC to impose sanctions up to 60,000 euro on legal representatives or directors of companies liable for competition infringements provided that they have participated in the restrictive conduct. However, since the adoption of this Act, the CNMC had not made use of this faculty.
The newsletter can be accessed at the following link.