Insurance companies and insurance activities are subject to profuse industry regulation, justified by potential market failures, but this does not exclude the applicability to them of Competition Law. Nevertheless, almost all legal systems worldwide foresee, one way or another, significant...

This paper describes the situation and applicable rules to public procurement below EU thresholds in Spain. The paper describes the main provisions regarding these contracts, which are substantially identical to those applicable to contracts subject to EU rules with the relevant exceptions of...

Almost a year ago, and after substantial debate and a long legislative process, the reform of Spanish competition regulation was completed. The new Competition Act, which came into force on September 1, 2007, supersedes the previous Act of 1989 and significantly transforms the Spanish system for...

One of the contributions of the Chicago School to economic theory is that of underlining the importance of compliance costs on entrepreneurial activity and economic growth. From a business perspective, complying with general regulations and administrative red tape is a costly burden that may...

This paper analyzes the rules and administrative practice concerning the selection, weighting and application of award criteria in public procurement procedures under Spanish law. It also touches upon the issue of challenges against award decisions, and the screening of abnormally low bids after...

On February 7, 2011, the Spanish National Competition Authority (Comisión Nacional de la Competencia, CNC) published its Guide on Public Procurement and Competition with the goal of offering practical recommendations that contribute to the promotion of effective competition in public...

This paper constructs several objective indicators of regulatory intensity in the context of the Spanish decentralization since 1978. Our aim is to develop a quantitative measure of the levels of regulatory intensity set by different regions in Spain. The dynamic nature of the decentralization...