The Spanish Competition Authority initiates disciplinary proceedings against a global oil company for possibly violating its obligation not to indirectly set the recommended retail price for independent station owners operating under its flag (Repsol)

The CNMC initiates disciplinary proceedings against Repsol for a possible violation of the provisions in the resolutions of 30 July 2009 and 20 December 2013* The CNMC has initiated disciplinary proceedings against REPSOL Comercial de Productos Petrolifos, S.A. (Repsol) for a possible breach of its obligations pursuant to the resolutions of 30 July 2009 and 20 December 2013 (VS/0652/07). In them, the oil company was fined, together with CEPSA and BP, for violating Spanish and European anti-trust regulations by indirectly setting the recommended retail price for independent station owners who operate under its flag, thus restricting competition between service stations in their network and among