The CNMC of Spain again attacked the municipal ordinance project for individual rental vehicles (VTC) considering that it will generate negative effects for consumers, including price increases. Instead, he urged to work on an “Integral” regulation of vehicles of this type and those that operate under Taxi rules.
The CNMC considered “discriminatory” the measures with the VTCs, promoting less restrictive alternatives to combat the most severe problems they generate, including the fight against pollution and vehicular congestion, including greater liberalization in service hours.
“The City Council should avoid being the one who plans or economically schedules the activity, since from the point of view of efficient economic regulation, except for the presence of duly accredited market failures, it implies restricting the ability to compete …”, said the agency.
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
French Competition Watchdog Raids EPC Groupe
May 20, 2024 by
CPI
Nippon Steel Vice Chairman to Visit US for Key Meetings in U.S. Steel Acquisition
May 20, 2024 by
CPI
Google Pays Damages to US Government in Attempt to Avoid Jury Trial in Antitrust Case
May 20, 2024 by
CPI
Nature’s Miracle and Agrify Terminate Merger Agreement Amid Challenges
May 20, 2024 by
CPI
UK’s AI Safety Institute to Open US Office Amid Growing Calls for Global Collaboration
May 20, 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