One Story is Good, till Another One is Told. Multi-Utility Companies in Spain, their Evolution and the Laws that Helped their Explosive Growth during the 2008 Crisis

David Acosta-Rosero

Abstract


Purpose – The aim of this paper is to create a picture of the evolution the Multi-Utility Companies in the Spanish economy, using the changes in Labour Law to create a context within which this phenomenon can be explained.

Design/methodology/approach – The paper is composed of a two-part analysis: The first stage considers the changes in the regulations surrounding the evolution of Multi-Utility companies in Spain during the 2008 crisis period. The second component of this study deal with the evolution in the potential number of companies working under the Multi-Utility model.

Findings – The paper contributes with evidence that shows an increase in the number of enterprises that are most commonly associated with types of economic activities Multi-Utility Companies are registered under.

Research limitations/implications – The nature of the subject of study currently has a tenuous conceptualization and legal definition, factor that limited the amount of official information available.

Originality/value – The study presents a review of the changes in the legal framework, analysing existing Labour Law literature, jurisprudence, and enacted acts, in order to provide some context for the evolution of Multi-Utility Companies.

Paper type - Analytical Paper.

Keywords: MUC, Spain, Labour Law