Brief: CNMC Opens Case Against Six Spanish Banks For Possible Anti-Competitive Practices

Bankinter SA

Tue 08:06

June 16 (Reuters) - Spain's National Commission on Markets and Competition: 
SAID ON TUESDAY, IT OPENS CASE AGAINST SIX SPANISH BANKS FOR POSSIBLE ANTI-COMPETITIVE PRACTICES
INVESTIGATION INVOLVES BANKINTER, BANCO SANTANDER, BBVA, UNICAJA, CAIXABANK, AND SABADELL
INVESTIGATION FOCUSES ON EXECUTIVES' PUBLIC COMMENTS ABOUT FUTURE COMMERCIAL POLICY, PARTICULARLY MORTGAGE RATES
STATEMENTS MAY HAVE ENABLED COMPETITORS TO ANTICIPATE BEHAVIOR
        
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