Resolutions
Change of control in NP Holding ehf
Due to a shareholder agreement control in NP Holding ehf. changed from the sole control of IS HAF to joint control of IS HAF and AF3-NP.
Change of control in NP Holding ehf
Due to a shareholder agreement control in NP Holding ehf. changed from the sole control of IS HAF to joint control of IS HAF and AF3-NP.
Merger of Eik Fasteignafélag hf. and Festing ehf
The merger of Eik fasteignafélag and Festing was approved in phase I without further investigation due to the limited effects of the transaction on competition.
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.