The Council of Ministers approved today the royal decree regulating the Organic Statute of the National Commission of Markets and Competition (CNMC). It is a structural reform that seeks to improve efficiency, legal certainty and transparency in the functioning of markets and productive sectors to ensure effective competition. At the same time, there is a significant cost savings, since both the number of directors, as well as management and headquarters are reduced as a result of the merger of five organizations in the new CNMC.

The CNMC, created by Law 3/2013 of June 4, is configured as a public body attached to the Ministry of Economy and Competitiveness, with its own legal personality and full independence from the Government, Public Administrations and market agents. The CNMC is credited with the consideration of the National Competition Authority, the National Regulatory Authority and the National Regulatory Authority. It is scheduled to be operational during the first half of October.

The governing bodies of the CNMC are the Council of the CNMC (formed by the President, the Vice President and eight Councilors) and the President of the CNMC itself, which will also be the President of that Council. The Council will function in plenary and in the Chambers. The Chambers will know the matters that are not expressly attributed to the Plenary. The Board of Directors in plenary session shall approve, by a majority of six votes, the rotation regime between the Board of Directors' rooms, establishing the number of directors subject to rotation and the periodicity thereof.

The governing bodies of the CNMC are the Directorates of Instruction that are structured as follows:

  • The Competition Directorate: Subdirectorate for Industry and Energy, Subdirectorate for Information Society, Subdirectorate for Services, Subdirectorate for Cartels and Clemency and the Subdirectorate for Surveillance
  • The Directorate of Telecommunications and the Audiovisual Sector: Subdirectorate for Electronic Communications Regulation, the Subdirectorate for Analysis of Electronic Communications Markets, Technical Subdirectorate for Electronic Communications and Subdirectorate for Audiovisual.
  • The Directorate of Energy: Subdirectorate of Electric Power, the Subdirectorate of Natural Gas, Subdirectorate of Economic-Financial Regulation and Regulated Prices and Subdirectorate of Markets derived from Energy.
  • The Directorate of Transportation and the Postal Sector: Subdirectorate of Airport Tariffs, Subdirectorate of the Railway Sector, Subdirection of the Postal Sector and the Subdirectorate of Market Analysis.

Within its powers, the Ministry of Economy and Competitiveness has proposed the 10 members that will make up the CNMC Council:

CNMC Council
President:José María Marín Quemada
Vice president:María Fernández Pérez
Counselors:Idoia Zenarruzabeitia Beldarraín

Josep María Guinart Solá

Fernando Torremocha and García-Sáenz

Clotilde de la Higuera González

María Ortíz Aguilar

Benigno Valdés Díaz

Eduardo García Matilla

Diego Rodríguez Rodríguez

The 10 future councilors must appear in the Economic Commission of Congress in principle next week for ratification and subsequent appointment by the Council of Ministers. From there the calendar is as follows:

  • Constitution of the CNMC: appointed the members of the Board, they must proceed to their constitution within 20 days after the publication of the appointments, through the constitution of their Board, and appoint the management staff, adopt the Internal Operating Regulations and proceed to the integration of material and human resources, for which they have four weeks since the constitution.
  • Commissioning of the CNMC. This will begin on the date determined by Order of the Ministry of Economy and Competitiveness, at which time the Committees that are integrated are fully extinguished.

On the other hand, the CNMC will have its headquarters in Madrid and another headquarters in Barcelona where the Directorate of Telecommunications and Audiovisual Sector will be located, as well as the units or persons assigned to them that are deemed necessary.



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