Resolutions
Merger of Samhentir Kassagerð hf. and Plastco ehf
The Icelandic Competition Authority assessed the acquisition by Samhentir Kassagerð hf. of all shares in Plastco ehf. The merger was notified on June 4, 2025, and cleared on July 10 in Phase I without further investigation.
Merger of Samhentir Kassagerð hf. and Plastco ehf
The Icelandic Competition Authority assessed the acquisition by Samhentir Kassagerð hf. of all shares in Plastco ehf. The merger was notified on June 4, 2025, and cleared on July 10 in Phase I without further investigation.
Merger of Fagkaup ehf. and Jóhann Ólafsson & co ehf
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The Icelandic Competition Authority reviewed Fagkaup ehf.’s acquisition of all shares in Jóhann Ólafsson & Co. ehf. The merger, notified in August 2024, raised concerns about potential anti-competitive effects. The investigation revealed overlaps in wholesale markets for light bulbs, LED products, specialized lighting equipment for street lighting, and a broader electrical goods market for professionals.
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News
Icelandic Competition Authority‘s interventions delivered impact equivalent to 18-29 times its budget (2015-2024)
The Icelandic Competition Authority has published a report on the assessed impact of its interventions relating to cartels, abuse of dominant position and anti-competitive mergers, following OECD‘s 2014 Guide for helping competition Authorities assess the expected impact of their activities.
Competition appeals committee confirms Samskip's extensive and serious cartel infringement
In a ruling issued today, the Competition Case Appeal Committee confirmed that Samskip had engaged in illegal cartel with Eimskip between 2008 and 2013. The ruling imposes a fine of 2.3 billion Icelandic krónur on Samskip for serious and extensive infringements of Article 10 of the Competition Act and Article 53(1) of the EEA Agreement. Additionally, Samskip is fined 100 million krónur for violating its duty to provide information under Article 19 of the Act.