CNMC investigates SELAE over alleged lottery-sales exclusion

Spain's CNMC opened an investigation into SELAE over a possible abuse of dominance involving sales of the Seguro Laguinda insurance product through mixed retail outlets. The regulator said the alleged restriction may have excluded rivals from the market for insurance linked to gambling. SELAE denies anticompetitive conduct and says it will cooperate; the investigation may take up to 24 months and does not determine liability.