24.06.2025 | Spanish competition authority
The Spanish competition authority, known as CNMC, has issued a directive requiring Correos, the national postal service, to modify its accounting practices. This decision aims to align the company's financial reporting with established regulatory standards.
Correos has been under scrutiny for its accounting methods, which the CNMC believes do not fully comply with the necessary legal frameworks. The authority's intervention is part of its broader mandate to promote fair competition and protect consumer interests across various sectors.
By enforcing these changes, the CNMC seeks to ensure that Correos operates transparently and fairly within the market, thereby enhancing competition and consumer trust in postal services.
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