Spanish competition regulator CNMC has carried out dawn raids on the 17, 18 and 19 of May targeting companies in the electrification and electromechanical railway equipment sector, including signalling systems. The regulator’s inspectors acted under suspicion of agreements for the manipulation and distribution of government tenders.
The new inspections are part of the investigation opened by the CNMC after the first home inspections carried out during July 2016 and January 2017 at the headquarters of several companies operating in the aforementioned market.
Inspections are a preliminary step in the investigation process of alleged anticompetitive behavior and do not prejudge the outcome of the investigation or the guilt of the companies inspected.
Full Content: CNMC
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Big Tech Braces for Potential Changes Under a Second Trump Presidency
Nov 6, 2024 by
CPI
Trump’s Potential Shift in US Antitrust Policy Raises Questions for Big Tech and Mergers
Nov 6, 2024 by
CPI
EU Set to Fine Apple in First Major Enforcement of Digital Markets Act
Nov 5, 2024 by
CPI
Six Indicted in Federal Bid-Rigging Schemes Involving Government IT Contracts
Nov 5, 2024 by
CPI
Ireland Secures First €3 Billion Apple Tax Payment, Boosting Exchequer Funds
Nov 5, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Remedies Revisited
Oct 30, 2024 by
CPI
Fixing the Fix: Updating Policy on Merger Remedies
Oct 30, 2024 by
CPI
Methodology Matters: The 2017 FTC Remedies Study
Oct 30, 2024 by
CPI
U.S. v. AT&T: Five Lessons for Vertical Merger Enforcement
Oct 30, 2024 by
CPI
The Search for Antitrust Remedies in Tech Leads Beyond Antitrust
Oct 30, 2024 by
CPI