Companies should be cautious and carry out reasonable assessments prior to disregarding the need to notify a transaction based on the Spanish market share threshold Concentrations of business operations leading to a market share of 30% or more (or of 50% or more where the target's Spanish revenues do not exceed EUR 10 million) at a national level or in a geographical market defined within Spain, need to be notified to the Spanish National Markets and Competition Commission (the "CNMC") prior to completion (the "Spanish market share threshold"). The Spanish market share threshold poses
The Spanish Competition Authority imposes gun jumping fines on two funeral service providers for failure to notify transactions meeting the market share threshold (Albia / Funespaña)
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