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    Restrictive practices fined in Vigo

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    Restrictive practices fined in Vigo
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    In Spain, the Comisión Nacional de los Mercados y la Competencia (CNMC), or the National Commission on Markets and Competition, has fined five stevedoring companies and five port unions for illegal agreements that have restricted competition in the Port of Vigo

    In Spain, the Comisión Nacional de los Mercados y la Competencia (CNMC), or the National Commission on Markets and Competition, has fined five stevedoring companies and five port unions for illegal agreements that have restricted competition in the Port of Vigo. These have kept prices artificially high and undermined the competitiveness of the port. According to the ruling, these agreements prevented the loading and discharge of finished vehicles and the receipt and delivery of goods by non-stevedores. 'This goes against the relevant legislation, which gives freedom to companies to decide the composition of their workforce in activities that are excluded from [rules governing stevedoring],” said the CNMC.Source: Port Strategy

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