Spain’s CNMC issued its report on the recently passed Code of Best Practices for Food Contracting. The law regulates best practices for all operators in the food sector, regarding preparation, principles and the regulation of commercial practices.
The regulating agency has had a particularly active role in the analysis of the agro-food sector through various studies and reports, as well as a number of probes and sanctions. Regarding the Code in question the CNMC issued a series of recommended requirements to the law, which chould be treated as a self-regulating document. Among its recommendations the agency highlights:
Not including any clauses likely to restrict free competition; Free and voluntary adherence to the rules, avoiding discrimination and the establishment of undue obstacles to entry; and effective, compulsory conflict resolution and supervision programmes, including an independent organism with the necessary technical capability.
The commission concludes with a reminder, that the priority must be to reduce the risk of a drop in competitive vigour among operators, including possible direct or indirect price-fixing or the bending of the current code. This, the CNMC argues, with the aim of improving competition in the sector and consequently benefiting consumers and the public at large
Source: CNMC
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
FTC Pushes Review of CoStar’s Commercial Real Estate Antitrust Case
Jan 31, 2024 by
CPI
UK’s CMA Investigates Ardonagh’s Atlanta Group and Markerstudy Merger
Jan 31, 2024 by
CPI
Greenberg Traurig Grow Financial Regulatory and Compliance Practice
Jan 31, 2024 by
CPI
Dutch Regulator Fines Uber €10 Million for Privacy Violations
Jan 31, 2024 by
CPI
DOJ Investigates AI Competition, Eyes Microsoft’s OpenAI Deal: Bloomberg
Jan 31, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – The Rule(s) of Reason
Jan 29, 2024 by
CPI
Evolving the Rule of Reason for Legacy Business Conduct
Jan 29, 2024 by
CPI
The Object Identity
Jan 29, 2024 by
CPI
In Praise of Rules-Based Antitrust
Jan 29, 2024 by
CPI
The Future of State AG Antitrust Enforcement and Federal-State Cooperation
Jan 29, 2024 by
CPI