THE SPANISH COMPETITION AUTHORITY (CNMC) IMPOSES A FINE OF EUR 8.75 MILLION TO REPSOL FOR NOT COMPLYING WITH A PREVIOUS DECISION
In 2009, the CNMC sanctioned Repsol, Cepsa and BP for indirectly fixing the retail price charged to independent petrol stations that operated under their flag. In doing so, they restricted competition between the petrol stations of their network and all the other petrol stations. This decision aimed at avoiding price fixing of the fuel in…