Tag #Cnmc

Showing 1 to 12 of 26 results

elmundo.es
🌐 85% Global Worthiness
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Spain's Regulatory Framework Hinders Industrial Electrification

Spain's current regulatory framework, based on the TOTEX methodology, disincentivizes electricity distributors from investing in infrastructure upgrades needed for industrial electrification, resulting in a backlog of over 60 GW of new electricity demand.

Progress

56% Bias Score

Industry, Innovation, and Infrastructure
elpais.com
🌐 85% Global Worthiness
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CNMC Approves Initial Report on Spain's Historic Power Outage; Sanctions Possible

The CNMC approved its initial report on Spain's April 28th power outage, a historic incident that left the Iberian Peninsula without electricity for hours, declaring no immediate culpability but reserving the right to impose sanctions on Red Eléctrica and major energy companies (Iberdrola, Endesa, a...

Progress

36% Bias Score

Industry, Innovation, and Infrastructure
cincodias.elpais.com
🌐 75% Global Worthiness
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Aena's Proposed 6.5% Tariff Hike Sparks Outrage Among Airlines

Aena proposes a 6.5-6.6% tariff increase for 2026, adding €0.68 per passenger, sparking outrage among airlines who face increased costs and are awaiting the CNMC's decision. This follows a decade of price freezes and sets the stage for substantial infrastructure investments.

Progress

44% Bias Score

Affordable and Clean Energy
cincodias.elpais.com
🌐 75% Global Worthiness
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Digi's €2 Billion Investment to Expand Fiber Network in Spain

Digi, a Romanian telecom company, plans to expand its fiber optic network coverage in Spain to 20 million homes by 2027, invest €2 billion by 2030, and create 10,000 jobs, becoming the second-largest fiber network after Telefónica, while the CNMC monitors the market closely.

Progress

52% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 85% Global Worthiness
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CNMC Report Reveals Concerns Over BBVA-Sabadell Merger

The CNMC's report on BBVA's takeover bid for Banco Sabadell reveals that competitor banks are ready to gain clients if the merger proceeds, highlighting concerns over potential monopolies and the effectiveness of BBVA's proposed commitments to maintain commercial conditions for SMEs.

Progress

36% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
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CNMC Investigates UEFA Over Super League Blocking

The CNMC is investigating UEFA for potentially anti-competitive actions taken in 2021 to thwart the launch of the European Super League, focusing on agreements with nine clubs that abandoned the project after facing threats from UEFA president Aleksander Ceferin.

Progress

48% Bias Score

Reduced Inequality
cincodias.elpais.com
🌐 75% Global Worthiness
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Spanish Court Orders Recalculation of Car Dealership Cartel Fines

A Spanish court has annulled reduced fines against Volkswagen, Seat, Audi, and Opel dealerships for cartel activity between 2006 and 2013, citing the CNMC's failure to properly account for the duration of infractions when recalculating penalties; the CNMC must now recalculate the fines.

Progress

36% Bias Score

Reduced Inequality
cincodias.elpais.com
🌐 75% Global Worthiness
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CNMC Fines Telefónica €20 Million for Bundling Mobile Phones with Pay-TV

Spain's CNMC fined Telefónica €20 million for violating 2015 commitments by bundling mobile phone rentals with pay-TV services between August 30, 2021, and April 30, 2023, a continuation of practices that resulted in a previous €6 million fine; Telefónica plans to appeal.

Progress

44% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
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CNMC Investigates Spanish Blackout, Potential €60 Million in Fines

Following a nationwide blackout in Spain on April 28th, the CNMC is investigating Iberdrola, Endesa, Naturgy, and Red Eléctrica for their roles in the incident, potentially imposing fines up to €60 million based on findings related to voltage control and response to the crisis.

Progress

36% Bias Score

Affordable and Clean Energy
elpais.com
🌐 85% Global Worthiness
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BBVA-Sabadell Merger Approved Despite Insufficient Competition Safeguards

The CNMC approved BBVA's takeover of Sabadell despite concerns about reduced competition, implementing insufficient remedies that primarily benefit a small percentage of SMEs; the merger increases market concentration to three major banks controlling approximately 72% of the credit market.

Progress

60% Bias Score

Reduced Inequality
elmundo.es
🌐 85% Global Worthiness
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CNMC Approves BBVA-Sabadell Merger with Conditions

Spain's CNMC approved BBVA's takeover of Banco Sabadell on April 29th, 2025, but raised concerns about potential negative impacts on retail customers and financial exclusion in rural areas due to branch closures, providing the government with grounds for intervention before the June 24th deadline.

Progress

40% Bias Score

Reduced Inequality
elmundo.es
🌐 75% Global Worthiness
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CNMC Approves BBVA-Sabadell Merger with Conditions, Rejecting Sabadell's Irreplaceability Claim

The CNMC approved BBVA's acquisition of Banco Sabadell with conditions, rejecting Sabadell's claim of irreplaceability in SME lending due to its declining market share and the growth of smaller competitors, while also noting concerns about potential cost synergies.

Progress

40% Bias Score

Decent Work and Economic Growth

Showing 1 to 12 of 26 results