The Supreme Court has upheld an earlier National Court resolution that annulled the €1.2 million fine imposed on the company Amurrio Ferrocarril y Equipos, AMUFER, accused of forming a cartel to distribute AVE contracts.
He High Council (TS) has the innocence of the Basque company Amurrio Ferrocarril y Equipos (AMUFER), fined in 2016 by the National Commission for Markets and Competition (CNMC), accused of anti-competitive practices, as reported by the company in a note.
The Supreme Court has a earlier decision of the National Court of January 2022 annulling the fine of 1.2 million euros imposed on the company Álava, which was accused of forming a cartel with three other companies to distribute AVE contracts. On appeal to the AN, AMUFER argued that the four companies formed a joint venture because Adif’s aim was “to ensure that high-speed train switches are manufactured in Spain, using the best existing technologies, in practically impossible terms and that counted with demonstrable experience of proper operation and maximum safety”. The creation of joint ventures, according to the company, was “essential” to unify these technologies, to cope with the high volumes demanded and the short deadlines. The Contentious-Administrative Chamber of the National Court agreed with AMUFER and ordered the CNMC to pay the costs.
The CNMC appealed to the Supreme Court, which in January this year upheld the resolution of the National Court in a judgment against which no appeal is possible. AMUFER deplores the seven years of legal proceedings and has indicated that while “no one will repair the damage caused”, time has proved them right and “justice has clearly and firmly ruled against the unfair decision of the Competition Chamber of the CNMC”.
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Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
