The Spanish Competition Authority fines an oil company for not complying with previous voluntary remedies (Repsol)

The CNMC imposes a fine of 850,000 euros on Repsol Comercial de Productos Petrolíferos, S.A.* In 2014, Repsol acquired control of Societat Catalana de Petrolis, S.A. (Petrocat)The CNMC authorised the purchase, contingent on the oil company fulfilling a series of voluntary conditions.Repsol violated the first condition, to supply a minimum amount of fuel through third-party operators, and failed to send an annual report to the CNMC on its degree of compliance with said condition. The CNMC has imposed a fine of 850,000 euros on Repsol Comercial de Productos Petrolifos, S.A.

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Spanish Competition Authority, The Spanish Competition Authority fines an oil company for not complying with previous voluntary remedies (Repsol), 21 April 2021, e-Competitions April 2021, Art. N° 100488

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