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Serious violation of the Icelandic Competition Act by Samskip
The Icelandic Competition Authority ("the ICA ") has by decision no. 33/2023 completed the investigation into Samskip's suspected Competition law violations. The ICA concludes that Samskip gravely violated the prohibition of Article 10 of the Icelandic Competition Act and Article 53.1 of the EEA Agreement with unlawful collusion with Eimskip.
It is also the ICA's conclusion that Samskip, during the case investigation, gravely violated Article 19 of the Icelandic Competition Act with incorrect, misleading, and insufficient information and data delivery.
An administrative fine for these violations has been imposed in the sum of ISK 4.2 bn. (ISK 4.200.000.000).
- Merger of Ísfélag Vestmannaeyja and Rammi approved
- Merger of Síldarvinnslan and Vísir approved
- Merger of Ardian and Míla approved with conditions
- ICA's morning conference - watch a recording
- How Can Competition Curb Soaring Inflation and the Cost-of-Living Crisis?
- Merger of Rapyd and Valitor approved with conditions
- New educational video about competition law and ICA's role
- ICA directs recommendations to authorities regarding Isavia and the competitive environment at Keflavik Airport
- The Icelandic Competition Authority approves the merger of Marel and Valka
- The Icelandic Competition Authority requests comments and views on the proposed merger of Marel Iceland hf. and Valka ehf.
- Audiobooks and printed books likely form separate markets
- ICA‘s investigation of Eimskip‘s collusion violations concluded with a settlement
- Storytel AB withdraws merger notification regarding its acquisition of a 70% share in Forlagið
- Nordic Competition Authorities release joint memorandum on digital platforms and the future of European policy
- The Icelandic Competition Authority fines Síminn for commitment violations
- Protectionism and anti-trust enforcement – a trans-Atlantic view
- COVID-19: Application of competition rules and competition enforcement in crisis
- Eimskip's claims dismissed
- The Competition Appeals Committee has upheld ICA´s decisison to approve the merger of Hagar hf, Olíuverzlun Íslands hf. (Olís) and DGV ehf.
- Concerning the request of Eimskip before Reykjavik District Court, about the ICA´s ongoing investigation
- The Icelandic Competition Authority approves a merger consisting of the acquisition of Honda Iceland by Askja car-dealership
- Advania withdraws its notification of a merger with Wise, following preliminary findings of harm to competition
- The Icelandic Competition Authority has annulled a merger, which concerns Samkaup's acquisition of two stores owned by Basko verslanir in Akureyri and Reykjanesbær
- Announcement of the Icelandic Competition Authority – WOW air ceases its operation
- The Icelandic Competition Authority has made the decision to prohibit the merger of Lyf og heilsa hf. and Opna ehf.
- The Competition Authority authorizes Míla ehf. and Gagnaveita Reykjavíkur ehf. to have specific co-operation on the laying of fiber optic cables
- Measures to spur competition in the retail banking market
- The Appeals Committee rejects the demand of Síminn hf. regarding changes to the agreement between the Competition Authority and Fjarskipti hf.
- Measures to prevent price fixing in selling of tickets to premiership football games
- The Icelandic Competition Authority („ICA“) has authorised the major commercial banks in Iceland to establish and operate a joint bank cash centre.
- Measures to spur competition in the retail banking market - Based on a settlement with Arion Bank
- Measures to spur competition in the retail banking market - Based on a settlement with Landsbaninn
- Competition Appeals Committee divided on the issue of MS's alleged abuse of a dominant market position but confirms that MS is guilty of a serious infringement by providing false information
- The Competition Authority grants an exemption for standardized measurement of online media in Iceland
- The Icelandic State‘s acquisition of 95% share in Islandsbanki hf.
- Are we wasting resources? Waste is a valuable resource, not trash. New report from the Nordic Competition Authorities
- Supreme Court confirms that oil companies violated the Competition Act by colluding with each other over extended periods of time
- The Icelandic Competition Autority publishes preliminary finding of a market investigation into the fossil fuel market
- Significant changes in the payment market – Banks and payment card companies have reached a settlement with the Icelandic Competition Authority
- Já hf. fined 50 million ISK for abuse of dominance
- The Icelandic Competition Authority fines Mjólkursamsalan, an incumbent dairy firm owned by cooperatives, 370 million ISK (approx. 2,4 million Euros) for abusing its dominant position in the market
- The investigation of the Icelandic Competition Authority (ICA) into the breaches of Húsasmiðjan, a hardware and home improvement store chain, against the Competition Act finalised with a settlement
- Revised time-plan for the market investigation of the Icelandic fossil fuel market
- Slot allocation at Keflavik Airport disrupts competition in the air transport market
- The Competition Appeals Committee confirms a 500m IKr fine on Valitor because of serious breaches of the Competition Act.
- A well attended conference on competition issues („The Future Ain‘t What it Used to Be“)
- Report no. 2/2013, Are we entering a lost decade? issued by the Competition Authority today
- The Surveillance Committee of Skipti group on the Equal Access of Telecommunications Companies (ejaf) sets up a homepage
- Unannounced inspections at the premises of Eimskipafélag Íslands hf. and Samskip hf.
- A new Board of Directors of the Competition Authority
- The Appeals Committee rejects a request to annul a settlement between the Competition Authority and Skipti group
- The Competition Authority issues an opinion to the Minister of Interior
- The Competition Authority initiates a market investigation into the market for fossil fuels
- The Competition Authority orders a financial segregation in the running of three public health institutions
- The Competition Authority imposes a 500 m. ISK fine on Valitor, a firm operating in the payment card market, for serious breaches of competition law.
- Skipti Undertakes to Implement Substantial Changes in the Organisation of Siminn and Mila
- The Appeals Committee confirms a 45 m. ISK administrative fine against Sorpa bs. for the abusing of a dominant position in the market
- The Supreme Court confirms that Lyf og heilsa, a pharmacy chain, seriously breached against the Competition Act by abusing a dominant position in the market
- The Competition Authority imposes a 45 m. ISK fine on Sorpa bs for breaches against the Competition Act
- Annual Report on Competition Policy Developments in Iceland 2011
- The Icelandic Competition Authority imposes a fine of ISK 440 million on Síminn (Iceland Telecom) for a violation of the Competition Act
- The Icelandic Competition Authority rejects the merger of Vodafone and Tal due to adverse effects on the telecommunications market
- New English webpage for the Icelandic Competition Authority
- Annual Report on Competition Policy Developments in Iceland 2010
- Competition after economic crises – from the conference held by the ICA
- Serious restrictions to competition can result from the merger of commercial banks
- The Competition Authority imposes an ISK 260m administrative fine on Vífilfell for a serious violation of the Competition Act
- Process of the Icelandic Civil Aviation Administration hinders competition in domestic flights
- Annual report 2011
- The Icelandic Competition Authority opinion in employment agency and employment ads
- Competition Appeal Committee confirms serious violations by Lyf & heilsa
- Competition Policy and Financial Crises
- Request by Capacent ehf. (a media measurement company), concerning co-operation between Capacent and broadcasters in setting up and operating electronic media measurement system
- The Competition Authority imposes a ISK 315m administrative fine on Hagar for serious violations of the Competition Act
- Federation of Icelandic Industries and Icelandic Federation of Trade and Services admit to violations of the Competition Act and consent to payment of a fine
- Press release - Greiðslumiðlun [VISA Iceland], Kreditkort [MasterCard Iceland] and Fjölgreiðslumiðlun [jointly owned netting system] admit to non-compliance with the Competition Act
- Greiðslumiðlun (VISA Iceland), Kreditkort (MasterCard Iceland) and Fjölgreiðslumiðlun (jointly owned netting system) admit to non-compliance with the Competition Act and will pay a combined total of ISK 735 million in administrative fines
- Press release - Competition Authority imposes ISK 310 million administrative fine on Eimskip for serious violations of Competition Act
- Press release – Competition Authority conducts search of food sector establishments
- Press release – Merger of Lyf og heilsa (DAC) and Lyfjaver annulled
- Press release - Violation by Osta- og smjörsalan of the Competition Act
- Skífan to pay ISK 65 million in administrative fine
- Report on the Competition in the Nordic Retail Banking
- Conditions imposed on the merger of Dagsbrún hf. and Securitas hf.
- Competition Authority annuls merger of Lyf og heilsa (pharmaceuticals retailer) and Lyfjaver (sales of pharmaceuticals etc.)
- Competition Authority annuls merger of Dagsbrún hf and Sena ehf
- Competition Authority imposes an ISK 65 million administrative fine on Skífan for repeated violations of Competition Act
- Competition: Commission imposes fines of €344.5 million on producers of acrylic glass for price fixing
- The District Court finds for the Competition Authority with regard to collusion by insurance companies
- Competition: Commission fines seven companies €388.128 million for bleaching chemicals cartels
- Conference on oligopoly in smaller economies
- Competition: Commission imposes € 24 million fine on Tomra group for abuse of dominant position
- IGS Ground Services ehf. at Keflavik International Airport fined for abuse of dominant position
- Collusion within the Icelandic Musicians' Union relating to the issue of a tariff for the Organist Division of the Union
- The Oil Cartel in Iceland
- Ruling of the Competition Appeals Committee no. 17 and 18/2003