CNC fines 5 marine transport companies for cartelizing Balearic Islands lines
The Comision Nacional de la Competencia has imposed fines on maritime transport companies for participating in a cartel for Balearic Islands passenger and cargo transport lines. Between 2011 and 2010, the cartel had fixed trading and service terms, including pricing, to control production and allocate the maritime transport market on routes between the Balearic Islands and the Spanish mainland. The fines total more than 54 million euros, with the following breakdown:
– €36,110,800 on Compañía Trasmediterránea, S.A.
– €15,945,484 on Balearia Eurolíneas Marítimas, S.A.
– €495,826 on Isleña Marítima de Contenedores, S.A.
– €1,155,205 on Servicios y Concesiones Marítimas Ibicencas, S.A. (Sercomisa)
– €402,453 on Mediterránea Pitiusa, S.L.
Featured News
Trump Nominates Olivia Trusty for FCC Commissioner Role Ahead of Inauguration
Jan 16, 2025 by
CPI
Lawyers Claim eXp’s Settlement Tactics Hurt Antitrust Case Potential
Jan 16, 2025 by
CPI
Amex GBT Pushes Back Against DOJ Lawsuit Over CWT Acquisition
Jan 16, 2025 by
CPI
Belgium Opens Antitrust Probe into AB InBev’s Market Practices
Jan 16, 2025 by
CPI
Tech Groups Sue CFPB Over New Rule on Digital Wallet Oversight
Jan 16, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – CRESSE Insights
Dec 19, 2024 by
CPI
Effective Interoperability in Mobile Ecosystems: EU Competition Law Versus Regulation
Dec 19, 2024 by
Giuseppe Colangelo
The Use of Empirical Evidence in Antitrust: Trends, Challenges, and a Path Forward
Dec 19, 2024 by
Eliana Garces
Some Empirical Evidence on the Role of Presumptions and Evidentiary Standards on Antitrust (Under)Enforcement: Is the EC’s New Communication on Art.102 in the Right Direction?
Dec 19, 2024 by
Yannis Katsoulacos
The EC’s Draft Guidelines on the Application of Article 102 TFEU: An Economic Perspective
Dec 19, 2024 by
Benoit Durand