December 1999 / January 2000

Spain: Joint electricity distribution network prohibited

01 December 2000

This was a sensitive decision as it affected two leading companies in economic sectors which the Government is currently trying to liberalise. It was also a landmark decision as, for the first time, the Government prohibited part of a corporate alliance under the Spanish merger control rules. Although they operate in different sectors, the Government decided that the close collaboration between these companies could give them a competitive advantage over their rivals.