The European, Middle Eastern and African Antitrust Review 2018

Spain: National Authority for Markets and Competition

The National Authority for Markets and Competition (CNMC), created in 2013, integrates competition and sectoral regulation authorities (energy, telecoms, transport, postal and audiovisual) in order to exploit economies of scale and scope, and to pool the knowledge, expertise and experience of the previous institutions. The new institutional design allows to internalise the debate between competition and regulation thanks to a comprehensive analysis of complex problems that demand coordinated solutions that include ex ante and ex post actions. The results are more coherent and better-grounded decisions thanks to a single decision body. Even if there are ongoing efforts to further reinforce the synergies and to develop a common culture, we consider that the merger has been successful and that the new institutional framework works properly.

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