Spanish competition authorities impose fines of €43m for price fixing on Valencia Port Authority and others - .PDF file.
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…
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