Samkaup hf. Acquisition of Miðbúðin ehf.

• Get document
• Case number: 21/2016
• Date: 11/8/2016
• Company:
  • Samkaup hf.
  • Miðbúðin ehf.
• Sectors:
  • Consumer goods, supplies and etc.
• Policy Area:
  • Mergers
• Summary

  The Icelandic Competition Authority has examined Samkaup hf‘s. acquisition of Miðbúðin ehf. Samkaup operates 50 grocery stores all around the country and is the third largest party on the Icelandic groceries store market. Miðbúðin operates a single shop in Reykjavík. After an investigation the Icelandic Competition Authority concludes that there is not a reason to believe that the merger will lead to a harmful concentration. Consequently there is no reason to intervene in this merger on the basis of Article 17 of the Icelandic Competition Act.