Spanish competition authorities impose fines of €43m for price fixing on Valencia Port Authority and others

On 2 October 2013, the Spanish Competition Commission (SCC) published a press release stating that it had imposed fines of €43m (£36m) on five business associations, three companies and the Valencia Port Authority for having fixed prices and shared markets in the market for road transport by container from Valencia Harbour over a period of 13 years.

Three business associations — ATEIA-OLT VALENCIA, AELTC and TRANSCONVAL — received the highest fines: €13m, €12.7m and €9.9m respectively.

The SCC also found that the Valencia regional authority was not only involved but actually had a leading role in the infringement. In October 2011, in the Uva & Mosto case, the SCC had already indicated that it was ready to impose fines on any public authorities that participated in competition law infringements. However, according to the text published by the SCC, it appears that the Valencia regional authority has not been fined in this case…

If you are registered and logged in to the site, click on the link below to read the rest of the Eversheds briefing. If not, please register or sign in with your details below.

Sign in or Register to continue reading this article

Sign in

Register

It's quick, easy and free!

It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.

Register now

Why register to The Lawyer

 

Industry insight

In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.

 

Market intelligence

Identify the major players and business opportunities within a particular region through our series of free, special reports.

 

Email newsletters

Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.

More relevant to you

To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.

Briefings from Eversheds

View more briefings from Eversheds

Analysis from The Lawyer

View more analysis from The Lawyer

Overview

1 Wood Street
London
EC2V 7WS
UK
http://www.eversheds.com

Turnover (£m): 382
No. of lawyers: 1,218 (UK 200)
Jurisdiction: UK
No. of offices: 57
No. of qualified lawyers: 54 (International 50)

Jobs

View all jobs from this firm