El cártel del dineroAlgunas cuestiones suscitadas a propósito diones de la Comisión europea de 16 de mayo de 2019 en relación con práctie dos Deciscas anticompetitivas en el mercado de divisas

  1. Laura GONZÁLEZ PACHÓN
Journal:
Revista de derecho de la competencia y la distribución

ISSN: 1888-3052

Year of publication: 2019

Issue: 25

Type: Article

More publications in: Revista de derecho de la competencia y la distribución

Abstract

On May 16th 2019, The European Commission has fined with a total amount of 1.07 billion five financial entities operating in the EU for taking part in anti-competitive behaviour or practices in the Currency Exchange Market. The significance of these decisions is not only due to the volume of the fines set, but to the number of foreign exchange affected, five of which are used in the European Economic Area: the British Pound, Swiss Franc, Danish, Swedish and Norwegian crowns, Japanese Yen, as well as US, Canadian, New Zealand and Australian Dollars. It is a violation of article 101 of the Treaty on the Functioning of the European Union (TFEU) and article 53 of the EEA Agreement, that prohibit cartels and other restrictive business practices.