The Commission has agreed to act on the basis that are sufficient indications of possible anticompetitive practice consistent with practice designed to fix prices in the country and/or agree communal commercial practice.
The inspections are not prejudging the matter and are merely part of the proceedings; However, should any activities prohibited by Defence of the Competition Law be detected, they may be punished with fines of up to 10% of the total turnover for the financial year immediately preceding the year in which the fine is assigned.
For further information consult: www.cncompetencia.es/PDFs/novedades/105.pdf or please contact Eric Jordi: ejordi.es