Advanced Television

Spain: ‘Cartel’ accusations on convergent prices hikes

February 15, 2018

From David Del Valle in Madrid

Spanish consumer association Facua has urged competition and markets watchdog the Comisión Nacional de los Mercados y la Competencia (CNMC) to look into the “agreed” rise by the country’s three largest operators (Movistar, Vodafone and Orange) of the price in convergent packages.

Facua has accused the telcos of a cartel to raise the prices up to an average of €5 a month to the detriment of consumers and against Competition law.

In its complaint to the CNMC, Facua has pointed out that “consumers are suffering the consequences of a market dominated by an oligopoly with no competition which is constantly rising prices taking advantage of the fact that the Government does not impose any limit on the tariffs of the main services”.

Categories: Articles, Broadcast, Policy, Regulation