A PYMNTS Company

Spain: Councilors Lorenzo and Ormaetxea join Regulatory Supervision committee at CNMC

By  |  October 2, 2017

The former members of the now extinct Telcommunication Market Commission (CMT), Bernardo Lorenzo and Xabier Ormaetxea, have joined the Regulatory Supervision group at the CNMC. The pair arrive after receiving government approval, in compliance with a judicial ruling, forcing the CNMC to accept them into the organization.

    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 plenary of the CNMC has determined the new composition of its working groups after the incorporation of the new councillors. Lorenzo and Ormaetxea will join the Regulatory Supervision Room, which will continue to be chaired by María Fernández. The councillors were incorporated following a ruling by the Supreme Court, which considered their firing after the dismantling of the CNT to be illegal, forcing thier reinstatement to the regulator’s successor, the CNMC.

    The appointment of Lorenzo and Ormaetxea marks another step towards the renewal of the CNMC’s board, which began last June yet had been postponed by political instability, which led Spain to be around a year under a care-taker government.

    Full Content: El Economista

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