Spanish competition regulator CNMC has carried out dawn raids on the 17, 18 and 19 of May targeting companies in the electrification and electromechanical railway equipment sector, including signalling systems. The regulator’s inspectors acted under suspicion of agreements for the manipulation and distribution of government tenders.
The new inspections are part of the investigation opened by the CNMC after the first home inspections carried out during July 2016 and January 2017 at the headquarters of several companies operating in the aforementioned market.
Inspections are a preliminary step in the investigation process of alleged anticompetitive behavior and do not prejudge the outcome of the investigation or the guilt of the companies inspected.
Full Content: CNMC
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Malaysia Grants Licenses to WeChat and TikTok Under New Social Media Law
Jan 2, 2025 by
CPI
Axinn Announces Promotions of Antitrust Experts
Jan 2, 2025 by
CPI
Federal Competition Office to Scrutinize High Electricity Prices in Germany
Jan 2, 2025 by
CPI
Mexican Lawmakers Advance Controversial Plan to Dissolve Independent Oversight Bodies
Jan 2, 2025 by
CPI
Motorola Accuses UK of Antitrust Breach Over Terminated Emergency Services Contract
Jan 2, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – CRESSE Insights
Dec 19, 2024 by
CPI
Effective Interoperability in Mobile Ecosystems: EU Competition Law Versus Regulation
Dec 19, 2024 by
Giuseppe Colangelo
The Use of Empirical Evidence in Antitrust: Trends, Challenges, and a Path Forward
Dec 19, 2024 by
Eliana Garces
Some Empirical Evidence on the Role of Presumptions and Evidentiary Standards on Antitrust (Under)Enforcement: Is the EC’s New Communication on Art.102 in the Right Direction?
Dec 19, 2024 by
Yannis Katsoulacos
The EC’s Draft Guidelines on the Application of Article 102 TFEU: An Economic Perspective
Dec 19, 2024 by
Benoit Durand