Competence regulator imposes a ridiculous fine of 3% of the turnover to a cartel of urban waste management

FACUA considers derisory the fine of more than 98 million Euros that CNMC imposed to ACS, FCC, Sacyr and other companies who shared contracts of local governments and bargained their prices.

FACUA.org
España-27/01/2015

Spanish National Commission on Financial Markets and Competition (CNMC, according to its initials in Spanish) has imposed a 98.2 million Euros fine to ACS, FCC, Ferrovial, Sacyr and 30 other companies and three associations because they kept for at least 13 years a cartel in the sector of provisi

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