Audiencia Nacional annuls CNMC fine on Telefónica for SME commitments

On July 31, 2017 the Spanish High Court (Audiencia Nacional) annulled a fine of €25.78 million imposed in October 2014 on Telefónica Móviles España ("TME") by the Spanish National Commission for Markets and Competition (Comisión Nacional de los Mercados y la Competencia, or "CNMC") for creating an allegedly anticompetitive network of parallel agreements with SMEs, which included certain term commitments.

The CNMC closes medical gases investigation due to insufficient evidence

In a decision of July 13, 2017, the National Commission for Markets and Competition (Comisión Nacional de los Mercados y la Competencia or "CNMC") decided to close an investigation in relation to medical gases after concluding that there was insufficient evidence to prove the existence of practices contrary to Article 1 of Law 15/2007 for the Defense of Competition. Following dawn raids carried out at the premises of Linde, Air Liquide, Carburos Metálicos, Contse and Praxair in July 2015, the CNMC opened a formal investigation in January 2016 against a total of ten companies suspected...