The Spanish Competition Authority fines five ferry operators for participating in a cartel on the freight and passenger maritime transport in the Balearic Islands (Navieras Baleares)

On 23 February 2012, the Council of the Spanish Competition Commission (the “Council”, the “SCC”) imposed combined fines of up to €54 million on Balearia Eurolíneas Marítimas, S.A. ("Balearia"), Compañía Transmediterránea, S.A.("Transmediterránea"), Isleña Marítima de Contenedores, S.A. ("Iscomar"), Servicios y Concesiones Marítimas Ibicencas, S.A. ("Sercomisa") and Mediterránea Pitiusa, S.L. ("Pitiusa") for participating in two cartels (from 1995 to 2011) in the maritime transport sector which covered freight and passenger routes in the Balearic Islands. This decision follows a series of fines imposed upon ferry operators in the maritime transport sector in Spain; the last being the sanctioning decision adopted by the SCC on November 2011 (File S/0241/10, Navieras Ceuta-2) [1]. The file was

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Casto Gonzalez-Paramo, Sara Salvador, The Spanish Competition Authority fines five ferry operators for participating in a cartel on the freight and passenger maritime transport in the Balearic Islands (Navieras Baleares), 23 February 2012, e-Competitions Bulletin April 2012, Art. N° 45011

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