The Spanish National Markets and Competition Commission (CNMC) has levied a EUR 20.5 million penalty against three subsidiaries of Spanish multinational energy company Repsol Group for in the wholesale automative fuel market to the detriment of independent and low-cost service stations.
The sanctioned companies are Repsol Comercial de Productos Petrolíferos, Solred and Campsa Estaciones de Servicio.
The case dates back to late 2022, when, in response to several industry associations raising concerns about anti-competitive practices in the Spanish energy sector, the CNMC carried out inspections at the headquarters of several hydrocarbon operators.
In December 2023, the watchdog confirmed it was investigating Repsol and its subsidiaries for possible competition abuses in the Spanish wholesale hydrocarbon distribution market.
Full story Repsol Group subsidiaries slapped with EUR 20.5 million fine in Spain | ICLG
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