The Spanish Competition Authority rules that an agreement between two savings banks to coordinate the closing of their offices in several small villages is covered by the former “de minimis” exemption (Cajas Rurales Jalón y Zaragoza)
In a Decision dated November 15, 1999, the former Spanish second-tier Competition Authority (“Tribunal de Defensa de la Competencia”, hereinafter, the “TDC”) ruled that an agreement between two savings banks to coordinate the closing of their offices in several small villages was subject to an (...)