Spanish MP’s belonging to the newly created ‘Podemos’ party met last week with representatives of the Spanish Taxi Federation (Fedetaxi) and the Elite Taxi professional group, in order to gather the industry’s complaints and fears brought on by competition from ride-sharing apps and services.
Both groups mentioned the industry’s concerns over rapid deregulation and privatization in a sector, a move they see as being pushed by competition and market regulator CNMC. The taxi groups have accused the agency of “acting as lobbyists for multinationals” and “blackmailing” local governments “under threat of strangling and judicializing the industry’s operations.”
“The CNMC’s strategy consists in dismantling the current public transport service for tourist vehicles in favor of these multinationals, in an abusive way and under the guise of a ‘shared’ economy” said Fedetaxi’s statement. Podemos gathered a series of documents stating the groups’ grievances, expressing their solidarity with the over 70,000 taxi drivers registered in the country.
Full Content: Tercera Información
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Subscribers Defend $4.7 Billion Antitrust Verdict Against NFL in Court Filings
Jul 19, 2024 by
CPI
Von der Leyen Calls for Competition Policy to Boost EU Companies’ Growth
Jul 19, 2024 by
CPI
Vermont AG Sues Pharmacy Benefit Managers Over Drug Prices
Jul 18, 2024 by
CPI
Australians Face Increased Stamp Prices Following ACCC Approval
Jul 18, 2024 by
CPI
Live Nation Seeks Dismissal of DOJ Antitrust Allegations
Jul 18, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Private Equity Roll-Up Schemes
Jun 28, 2024 by
CPI
The FTC’s Focus on Private Equity is Warranted
Jun 28, 2024 by
CPI
Unraveling the Roll-Up: Private Equity’s Misunderstood Investment Strategy
Jun 28, 2024 by
CPI
Antitrust Focus on Private Equity Funds and Serial Acquisitions
Jun 28, 2024 by
CPI
Private Equity Roll-Ups Amidst Heightened Antitrust Enforcement
Jun 28, 2024 by
CPI