Spanish competition regulators CNMC has announced the results of an investigation begun in April 2014 on bus operators Roig Bus SA, Transacobo SL and Transunión Mallorca SL, as well as the Balearic Transport Enterprise Federation (FEBT), during which it detected “rational indications” of violations to European competition laws.
The violations detected include price fixing, niche market divisions and the exchange of confidential information regarding the passenger transport industry in Spain’s Balearic Island chain.
As a result, the CNMC has issued sanctions against the FEBT, as well as a dozen of bus and tour operators, including San Antonio, S.A., Autocares Alcas, S.L., Autocares Alorda, S.L., Autocares Caldentey, S.L., Autocares Levante, S.L., Autocares Norte, S.A., Autocares Pujol Palmer, S.A., Autocares Rafael Nadal, S.L., Autocares Roca, s.l., Ibizatours & Islandbus, S.L., Jose Canovas Autocares, S.L., Transacobo, S.L., Transunion Mallorca, S.L., Roig Bus, S.A., Ultramar Express Tranport, S.A.U. and ESR, a private contractor.
Source: CNMC
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Redfin Settles $9.2M Commission Inflation Lawsuits
May 7, 2024 by
CPI
DOJ Supports Colorado’s Efforts to Block Kroger-Albertsons Merger
May 7, 2024 by
CPI
Japan Considers Regulation of AI Developers
May 7, 2024 by
CPI
European Commission Extends Decision Deadline for Ita-Lufthansa Merger
May 7, 2024 by
CPI
UK, US and Australia Sanction Senior Leader of LockBit Cybercrime Gang
May 7, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI