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Spanish Competition Authority Approves Five Mergers in November

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Photo: Fatima Shahid

The Spanish Competition Authority has authorized five merger operations in November, with four approved unconditionally and one with commitments.

15.12.2023 | Spanish competition authority


The Comisión Nacional de los Mercados y la Competencia (CNMC) has approved five merger operations during November. Four of these were approved in the first phase without any commitments, while the merger between Ebiquity and Mediapath was approved with certain commitments.

One notable merger involves Tecno Fast España, S.L. acquiring exclusive control of Alquibalat, S.L. Tecno Fast, part of a Chilean group, specializes in modular construction solutions and operates in Spain through its subsidiary Alco Rental Services, S.L.U. Alquibalat manufactures and rents modular systems. The CNMC found that the merger does not pose a threat to effective competition, as the combined market share is not significant due to the presence of numerous competitors.

Another significant merger is Carrefour, through Supersol, acquiring the assets of Supercor from El Corte Inglés. This acquisition involves 47 supermarkets across various provinces in Spain. The CNMC determined that this merger would not significantly alter the competitive landscape in the retail market for daily consumer products.

Bluevia Fibra S.L. is acquiring the assets of Free Technologies Excom, S.L., which includes two FTTH fiber optic networks in Granada. The CNMC concluded that this acquisition would not pose a threat to competition, as the market share increase is minimal and promotes competition in retail broadband services.

Additionally, Sony Music Entertainment España, S.L. is acquiring Altafonte Network, S.L.U. This merger is expected to strengthen Sony's position in the music distribution market, but the CNMC found that it would not significantly impact competition due to the presence of other relevant competitors.

Lastly, Ebiquity plc's acquisition of MediaPath Network AB was approved with commitments, indicating that the CNMC is closely monitoring the implications of this merger on market competition.

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