A PYMNTS Company

Spain: CNMC accuses Vigo harbour companies of uncompetitive practices

By  |  February 21, 2017
Spain: CNMC accuses Vigo harbour companies of uncompetitive practices

Spanish competition regulator CNMC has announced an investigation against a number of companies and labor unions operating in the harbour of the city of Vigo, one of Spain’s principal shipping ports, over suspected uncompetitive practices. The companies are thought to have signed an agreement to coordinate and manage labor relations, in force since 1996.

    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.

    The companies involved include the General Workers Union (UGT), the Comisiones Obreras union (CCOO), Confederación Intersindical Galega (CIG), Líneas Marítimas Españolas, S.A., Bergé Marítima, S.L., Estibadora Gallega, S.A., Terminales Marítimas de Vigo, S.L.U. and Pérez Torres Marítima, S.L. The illicit conduct was discovered using information provided by the Vigo Port Authority.

    The CNMC’s initial search detected reasonable evidence of unlawful practices, as described by the country’s competition laws, with charges being presented over the alleged violation of Article 1 of the LDC, as well as article 101 of the European Union treaty.

    Full Content: CNMC

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