Spanish super-regulator CNMC has issued a request to the Council of Ministers, asking for the annulment of several articles contained in Royal Decree 1057/2015, which impose unjustifiable obstacles to the free exercise of competition.
Specifically, the agency finds the obligation imposed by the government for all passenger transport vehicles to offer their services only when driving on main roads, among other “specially grievous impediments to competition at a time of accelerated innovation in the sector, which might find itself restrained by these norms. Therefore, they should be struck from the legal framework” stated the regulator.
The restrictions, the agency declared, work against efficient economic regulation and market unity, as well as lacking any economic justification and preventing effective competition in the passenger transport sector nationwide, thereby lowering overall welfare for consumers.
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
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