Spanish competition authorities at the CNMC have announced the launch of an investigation into possible uncompetitive practices in the non-college textbook editing and distribution markets. The violations investigated may include agreements struck between several economic agents to limit the promotions and commercial policies that could promote changes in selected reference text publishers.
Agreements of this kind are considered grave violations of the country’s competition laws, with heavy fines likely the be assessed should the companies be found responsible. CNMC agents carried out raids on the 28th, 29th and 30th of March, targeting the offices of several companies operating in this sector.
The inspections are a preliminary step in the investigation of these uncompetitive actions and should not be taken as indicators of guilt for the companies targeted. Should the suspected violations be confirmed, the agency would proceed to file a motion for sanctions to be applied.
Full Content: CNMC
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Uruguayan Antitrust Scrutiny Puts Major Meatpacking Deal Between Marfrig and Minerva on Hold
May 19, 2024 by
CPI
Alaska Airlines Seeks Dismissal of Consumer Lawsuit Over $1.9 Billion Hawaiian Airlines Buy
May 19, 2024 by
CPI
Idaho Attorney General Orders Split of Kootenai Health and Syringa Hospital
May 19, 2024 by
CPI
Court Rejects T-Mobile’s Appeal Bid in Antitrust Case Over Sprint Merger
May 19, 2024 by
CPI
Google Requests Judge, Not Jury, to Decide on Antitrust Case
May 19, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Ecosystems
May 9, 2024 by
CPI
Mapping Antitrust onto Digital Ecosystems
May 9, 2024 by
CPI
Ecosystems and Competition Law: A Law and Political Economy Approach
May 9, 2024 by
CPI
Ecosystem Theories of Harm: What is Beyond the Buzzword?
May 9, 2024 by
CPI
Open Ecosystems: Benefits, Challenges, and Implications for Antitrust
May 9, 2024 by
CPI