Public consultations

In order to better fulfil its role, the National Commission on Markets and Competition (CNMC in Spanish) may eventually perform public consultations. These consist in the communication to the public that CNMC has initiated or is elaborating works on a given area, apart from the request for information to relevant stakeholders, seeking their engagement.

Public consultations are praised by international organizations, such as the Organization for Cooperation and Economic Development (OECD), as a good practice to complement works on Regulatory Impact Assessment (RIA), task in which the CNMC is very active. For instance, the use of public consultations within the framework of market studies is referred to in the Methodology for Market Studies in CNMC.