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Merger of Ísaga ehf. and Strandmöllen ehf.

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  • Case number: 15/2013
  • Date: 17/5/2013
  • Company:
    • Strandmöllen ehf.
    • Ísaga ehf.
  • Sectors:
    • Consumer goods, supplies and etc.
  • Policy Area:
    • Mergers
  • Summary

    The Icelandic Competition Authority (ICA) has reviewed a merger between Ísaga ehf. and Strandmöllen ehf., as Ísaga took over contracts that Strandmöllen had made with its customers, as well as some supplies and machinery, and Strandmöllen left the market. The companies were both on a market that revolves around manufacturing and selling gasses. After this merger a monopoly has been formed in the relevant market, as Ísaga is the only company left. The ICA has decided that the merger should not be prohibited but has obligated Ísaga to give information to the ICA on a regular basis for the next two years.