2024 Year in Review - International Antitrust

2025-09-01T16:56:00
Spain
A compilation of the most important recent developments in antitrust law in Spain

2024 Year in Review - International Antitrust
September 1, 2025
The year 2024 was relatively quiet in terms of legislative activity in Spain. The most notable initiative was the introduction of the Proyecto de Ley por la que se crea la Autoridad Administrativa de Defensa del Cliente Financiero para la resolución extrajudicial de conflictos entre las entidades financieras y sus clientes, published on December 13, 2024. This draft law, which has not been passed yet, includes several amendments to Law 15/2007 for the Defense of Competition (LDC) which had been previously discussed but not yet enacted. Among the most significant proposed changes to the LDC are the introduction of a formal settlement system, a substantial increase in the maximum fines both for directors, raising the cap from €60,000 to €400,000, and for companies whose turnover cannot be determined for the purpose of calculating fines. Additionally, the draft amendments propose to restructure the catalogue of infringements under Article 62. Notably, two new infringements would be added for the breach of the duty of confidentiality—particularly in relation to leniency and settlement proceedings—and, in the framework of unannounced inspections, for the unjustified delay in allowing entry and inspection of premises.

See complete chapter at: 2024 Year in Review - International Antitrust. American Bar Association - International Law Section, 2025.

September 1, 2025