The Spanish Competition Authority adopts communication on the quantification of fines

On 6 February 2009, the Spanish Antitrust Authority (Comisión Nacional de la Competencia or CNC) adopted a Communication on the quantification of sanctions for violations of Articles 1, 2 and 3 of the Spanish Competition Act [1] and Articles 81 and 82 EC [2] . The CNC adopted this piece of legislation making use, for the first time in matters concerning fines, of the faculty conferred to it by the third additional provision of the 2007 Competition Act. According to this provision, the CNC may publish Communications clarifying the principles that guide its action pursuant to said Act. In particular, the Communications referring to Articles 1 to 3 of that Act shall be published after the Competition Council has been heard. Through this Communication, the CNC intended to establish a set

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Aitor Montesa Lloreda, Angel Givaja Sanz, The Spanish Competition Authority adopts communication on the quantification of fines, 6 February 2009, e-Competitions February 2009, Art. N° 26389

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