By Laura Pinilla.
On April 12, 2017, the Spanish National Commission for Markets and Competition (Comisión Nacional de los Mercados y la Competencia or “CNMC”) announced that it had fined the Spanish Basketball Clubs Association (Asociación de Clubes de Baloncesto or “ACB”) €400,000 for alleged anticompetitive agreements contrary to Article 1 of Law 15/2007 for the Defense of Competition and previous Law 16/1989.
The CNMC initiated proceedings (under reference S/DC/0558/15 ACB) following a complaint lodged by Club Baloncesto Tizona, S.A.D., one of the basketball clubs affected by the practices investigated.
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