Decisions
Merger of Árvakur hf. and Edda útgáfa ehf.
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- Case number: 30/2016
- Date: 3/11/2016
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Company:
- Árvakur hf.
- Edda miðlun- og útgáfa ehf.
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Sectors:
- Telecommunications, IT and media
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Policy Area:
- Mergers
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Summary
The Icelandic Competition Authority has reviewed a merger regarding Árvakurs hf. purchase of Edda útgáfa ehf. Árvakur is a company that publishes Morgunblaðið, one of the largest newspappers in Iceland. 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.