From now on, the future of the possible merger of BBVA with Banc Sabadell is in the hands of the Spanish government. After calling for an unprecedented public consultation in a business merger despite the approval of the National Commission on Markets and Competition (CNMC), the executive seems to have tried to overload itself with reasons for making a decision. And this could complicate the operation, because those against it had more incentive to participate than those in favor, unlike on October 1, although the government has insisted it was not a referendum.