Spanish competition watchdog the CNMC announced on Thursday, December 17, it had launched a preliminary antitrust investigation into Spain’s power utility Endesa, a subsidiary of Italy’s Enel, reported Reuters.
The CNMC will examine whether Endesa abused its dominant position as manager of connection points in the electricity transmission network that are shared by several producers.
Endesa’s interest in doing so would have been “to benefit generation energy companies in its group” the CNMC said in a statement.
The watchdog has up to 18 months to investigate and decide. It did not release what fine or sanctions, if any, Endesa could be facing.
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Plaintiffs Seek Communications In Antitrust Case Against Pioneer
May 9, 2024 by
CPI
UK Government Approves Vodafone-Hutchison Merger
May 9, 2024 by
CPI
Senate Majority Leader Announces Plan for AI Regulation Framework
May 9, 2024 by
CPI
BBVA Initiates Aggressive Takeover Bid for Sabadell
May 9, 2024 by
CPI
TikTok to Label AI-Generated Content Amid Election Interference Concerns
May 9, 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