The Spanish competition authority on the Commission’s proposed New Competition Tool and Digital Service Act. A few thoughts
The CNMC’s position paper seems to take a balanced stance in that it emphasizes the risks of across-the-board enforcement in rapidly evolving settings as digital markets where type I errors feature a particularly large potential for nipping in the bud business models that could grow very beneficial for competition and consumers.
Coordination and information exchanges in financial markets. What comes first the chicken or the egg?
Intervention by competition authorities in financial markets is a complex and delicate task, given that financial service providers act not only as competitors but also as counterparties, intermediaries, and cooperation partners.