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The Telecommunications Market Commission, an independent Public Body that regulates national electronic communications and audiovisual services markets, was created by Royal Decree-Act 6/1996, of June 7, 1996 (Liberalisation of Telecommunications). That Royal Decree-Act was homologated through Act 12/1997, of April 24, 1997 (Liberalisation of Telecommunications) by which the functions originally attributed to the Telecommunications Market Commission were extended and defined, and a new composition of the Council was determined to exercise those functions.
Act 12/1997 was repealed following the implementation of the current Act 32/2003 of November 3, 2003, (on Telecommunications in General), in which article 48 establishes the legal, patrimonial and budgetary regime of the Telecommunications Market Commission, and its objective and functions, and the members of its Council:
The Telecommunications Market Commission is a Public Body invested with legal status and full public and private capacity (article 48.1 of Act 32/2003), and with its own patrimony, which is separate from the patrimony of the State (article 48.13 of Act 32/2003).
The objective of the Telecommunications Market Commission is to establish and supervise the specific obligations that must be met by telecommunications market operators and to promote competition in the audiovisual services markets, pursuant to its regulatory provisions, to resolve conflicts between operators and if necessary, to act as an arbitrations body in disputes between those operators (article 48.2 of Act 32/2003).
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