The Spanish Telecommunications Market Commission (CMT) is reported to be angry at the prospect of the EC imposing a huge fine on the telco Telefónica later this week. In the regulator’s view, European anti-trust authorities will be overstepping the mark through such an action. The CMT launched an investigation into complaints that Telefónica was charging excess fees for wholesale ADSL access three years ago but found no wrongdoing. However, the EC is understood to believe otherwise and could fine the telco up to €100 million. Telefónica’s share of the Spanish broadband market has fallen significantly in the last few years and currently stands at around 55-56%.