Telefonica Espana fined by CNMC over breaches of competition regulation

11 Feb 2014

Spanish fixed line incumbent Telefonica Espana, which offers its services under the Movistar banner, has been fined EUR500,000 (USD682 million) for what were said to be two ‘very serious’ breaches of competition rules. In outlining its findings, the country’s new combined telecoms regulator and competition watchdog, the Comision Nacional de los Mercados y la Competencia (CNMC), said that it had levied a EUR250,000 penalty on the telco for failing to notify the authorities of pricing and conditions for new internet and television packages. With the telco required to make the CNMC aware of any new tariffs as a dominant market operator, in a statement the regulator noted that such rules were necessary to ensure a level playing field for all operators in the sector. Meanwhile, a secondary fine of EUR250,000 was imposed after Movistar was also found to have blocked access to eleven premium text message numbers being run by another company.