Spain has set up a new authority, CNMC - Comisión Nacional de los Mercados y la Competencia (National Markets and Competition Commission) which combines the activities and functions of five authorities: Comisión del Mercado de las Telecomunicaciones, Comisión Nacional de la Competencia, a Comisión Nacional del Sector Postal, a Comisión Nacional de Energía and Comité de Regulación Ferroviaria y Aeroportuaria.
The new authority, which began work on 7 October 2013, aims to ensure and promote effective competition in all productive markets and sectors, acting with organic and functional autonomy, fully independent from the Government, from the public administration and from market agents.
Further information:
- Comisión Nacional de la Competencia http://www.cnmc.es/
