Endesa, S.A. (ELE.MC)

Spain's competition watchdog probes Endesa for potential anti-competitive practices

The Spanish competition watchdog is investigating energy firm Endesa for potential abuse of its dominant position in the electricity distribution market, the CNMC said on Wednesday. The CNMC competition authority said it has received several complaints against the company claiming that it discriminated against competitors by favouring its own subsidiaries in situations including installing equipment as well as rooftop and other systems. In June last year, the authority raided two facilities of the group, the CNMC said.