US EditionRepsol to challenge €20.5 million margin squeeze fine in Spain
16 Articles
16 Articles
The National Commission of Markets and Competition (CNMC) fined Repsol, Solred and Campsa €20.5 million for harming their competitors, independent filling stations, through a commercial policy of "abuse margin tightening" in the sale of professional diesel, especially to carriers. The regulator also prohibits them from hiring with the public administrations for the supply of diesel A fuel for six months. The company captained by Josu Jon Imaz st…
Total war between the National Commission of Markets and Competition (CNMC) and Repsol. The supervisor announced this morning a fine of 20.5 million against the oil company...
CNMC has established that several companies in the energy group increased sales prices to independent gas stations by 2022, while in their dispensers they applied an additional discount to the one approved by the government to deal with the increase in costs.
CNMC sanctions energy after considering that it tried to expel its competitors with its price policy during the energy crisis resulting from the war in Ukraine
Repsol emphatically rejects the CNMC's sanction of January 28, 2025, calling it arbitrary and decontextualized. The company announces an appeal before the administrative court, defending that it acted with transparency and for the benefit of consumers during 2022.
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