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Spain: Competition authority levies $100 million in anti-trust fines

By  |  January 27, 2015
Spain: Competition authority levies $100 million in anti-trust fines

The Spanish competition authority CNMC has imposed fines on 39 waste management and recovered paper companies and three trade associations. The authority considers it proven that the companies engaged in market division and sharing “sensitive business information”.

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    The fined companies were allocated customers and public tenders, the competition authority reported on Monday. The illegal activity had adversely impacted the recovered paper, municipal waste management, hazardous and non-hazardous industrial waste.

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