Spain's Antitrust Body Fines Endesa €1M For Noncompliance

Law360, New York (April 27, 2012, 6:21 PM EDT) -- Spain's competition authority slapped Endesa SA, one of the country’s largest power utilities, with a €1.04 million ($1.4 million) fine Friday for allegedly violating an order that prohibited the utility from any behavior that would abuse its dominant market position.

The National Competition Commission, or CNC, found during the course of regular surveillance that Endesa had failed to comply with the terms of a restraining order put in place by CNC’s internal competition court in 2006.

“Endesa had used its monopoly position distribution networks on the...
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