The Competition Authority imposes a 45 m. ISK fine on Sorpa bs for breaches against the Competition Act
Sorpa has pointed out that the higher discounts it gave to the municipalities were justified by the fact that the discounts were in effect dividend payments paid to the owners. The Competition Authority did not accept these arguments and concluded that Sorpa is an undertaking in the sense of the competition act and that it competes with other undertakings in a market, such as waste management companies. This has the result that Sorpa must be careful that its operations are not harmful to competition.
The Competition Authority imposed an 45 m. ISK administrative fine on Sorpa. In addition the Competition Authority directed Sorpa to review its tariff and contracts and bring in accordance with the competition act.