Regulated Sectors and Competition Law
What is a regulated sector?
Regulated sectors are those areas of economic activity in which the exercise of the activity in a free market or free competition depends on the compliance with legal demands or requirements which are not required in completely liberalised markets. That is why it is not only necessary to take care of the relations with the Administrations and regulatory bodies complying with regulations, but where it is also occasionally necessary to protect ourselves from the not always honest actions of the competitors (protecting ourselves against dominant positions and dishonest behaviour).
Which ones are they?
They coincide with old state monopolies, which have now disappeared in our legal and economic environment by the demands of the European Union. We are referring specifically to the following markets:
The Regulatory and Controlling Body is the National Commission of Markets and Competition (Comisión Nacional de los Mercados y de la Competencia) -CMNC- (the old Competition Defence Court), except for the medication manufacturing sector, as its pertains to the Spanish Medication and Sanitary Products Agency (La Agencia Española de Medicamentos y Productos Sanitarios) –AEMPS-, and the gaming sector, which underlies the control of the General Direction of Gaming Regulation (Dirección General de Ordenación del Juego).
What do we do at LHM LEGAL?
We provide full counsel to entrepreneurs in these sectors, in order to ensure their compliance with the law at all times, their development in free competition and their assistance against administrative sanctions or any legal conflict which requires representation before Public Administrations or Courts of Law; we also defend their interests against other businesses from the branch that endanger the rights of our clients in the market.
These are some of our services:
|Access conditions for each market.|
|Counsel and prevention against regulatory changes.|
|Relations with the regulatory body (CNMC, AEMPS) and other competent authorities.|
|Licences for the exploitation of infrastructures.|
|Fees and sanctions.|
|Projects involving the drawing up of regulations or the introduction of amendments into texts being processed.|
¿Are SMEs a regulated sector?
In this article we will explain, in detail, how we can help you.
If you prefer, you can send us your enquiry by filling out the following form: