Spain

• Pages: 1-59

CHAPTER 21

SPAIN

Spain-3

CONTENTS

A.OVERVIEW ............................................................................................................ 7

1.General Policies Underlying Competition Laws ......................................... 7

a.Introduction ......................................................................................... 7

b.Principal Objectives ............................................................................ 8

c.Role of Economic Doctrines and Analysis ......................................... 8

2.Overview of Applicable Statutes ................................................................. 8

3.Overview of Structure, Independence, and Jurisdiction of

Enforcement Agencies ................................................................................ 9

4.Overview of Judicial Authorities .............................................................. 10

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B.SUBSTANTIVE LAW ............................................................................................ 10

1.Horizontal Agreements and Practices ....................................................... 10

a.Overview ........................................................................................... 10

b.Cartel Enforcement ........................................................................... 13

(1)Agreements Covered ................................................................ 13

(2)Enforcement Authorities .......................................................... 14

(3)Investigatory Procedures .......................................................... 14

(a)Overview ........................................................................... 14

(b)Search and Seizure ............................................................ 14

(c)Compelled Testimony under Oath ..................................... 15

(d)Compelled Production of Documents ................................ 16

(4)Leniency Program .................................................................... 16

(5)Penalties ................................................................................... 17

c.Treatment of Intragroup Conspiracy or Acts by

Related Companies ........................................................................... 17

d.Other Horizontal Practices ................................................................ 18

(1)Strategic Alliances .................................................................... 18

(2)Information Exchanges and Benchmarking ............................. 19

(3)Production and Specialization Agreements .............................. 19

(4)Standard Setting ....................................................................... 20

(5)Restrictive Covenants ............................................................... 20

(6)Joint Purchasing Agreements ................................................... 20

e.Joint Ventures ................................................................................... 21

f.Defenses and Exemptions ................................................................. 21

2.Mergers and Acquisitions .......................................................................... 22

a.Transactions Covered ....................................................................... 22

b.Joint Ventures ................................................................................... 23

c.Notification and Procedure ............................................................... 23

(1)Jurisdiction ............................................................................... 23

(2)Filing Procedures...................................................................... 24

(3)Filing Fees ................................................................................ 25

(4)Initial Information Requirements ............................................. 26

(5)Subsequent Investigatory Stages and

Information Requests ............................................................... 26