A PYMNTS Company

Spain: Spanish regulator warned of threat to telco TV competition

 |  February 19, 2018

FACUA-Consumidores en Acción has filed a report to Spain’s Comisión Nacional de los Mercados y la Competencia (CNMC) alleging a potential anti-competitive deal between telecommunication companies Telefónica, Vodafone and Orange.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    According to FACUA, the three major telecoms have tried to agree similar price increases across each of their respective pay-TV, Internet and phone packages, thus breaking competition regulations in the country.

    “Users suffer the consequences of a market controlled by an oligopoly which is not actually competing and continuously increases rates, taking advantage of a lack of regulatory limits,” it said. FACUA also claimed that competitive conditions have worsened since the larger telecoms bought out the smaller players and the market consolidated.

    Research tends to support FACUA’s arguments, showing that prices of pay-TV and convergent packages have increased by 15% over the last year. In addition, at the beginning of 2018, Telefónica, and Orange carried out a new rate increase, while Vodafone has announced a raise in prices for April.

    Full Content: Television Hispana

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.