A PYMNTS Company

Spain: Basketball Association ready to fight €400k euro sanction

 |  April 18, 2017

Spain’s ACB (Basketball Club Association) has been fined by the country’s competition authority, the CNMC, for a total of €400,000 euros over a major violation of competition regulations. The sports group has been accused of blocking the entrance of new clubs to the professional leagues, with ACB spokesmen saying denying the claims and vowing to fight the CNMC’s fine, which they say violates the right of professional leagues to self-organization as enshrined in the Treaty of the European Union.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    ACB member directives will gather Tuesday to discuss the issue. Should they move to appeal the decision, the case would be filed until it can be reviewed by the National Assembly, which holds the final decision.

    The ACB has also requested the regulator to clarify several legal aspects of their decision, which was given in response to complaints made in 2015 by the Tizonia Basketball Club.

    Full Content: Confilegal

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.