By Beatriz de Guindos

The Spanish Competition Authority is celebrating its 30th birthday with a very positive balance, after a long way travelled and many challenges ahead. The integration of the independent regulatory bodies in a unique institution has raised a lot of synergies which are especially useful in the present context. The development of the digital markets and the way to face the challenges they pose to from competition authorities is still a hot topic worldwide. In parallel, CNMC is dealing with the amendment of the Competition Act – looking for the global consensus – and making efforts to preserve the effectiveness of our successful leniency program.