Lyf og heilsa‘s acquisition of Garðs Apótek

• Get document
• Case number: 13/2021
• Date: 28/4/2021
• Company:
  • Lyf og heilsa ehf.
  • Garðs Apótek ehf.
• Sectors:
  • Consumer goods, supplies and etc.
• Policy Area:
  • Mergers
• Summary

  The Icelandic Competition Authority (ICA) has examined the merger between Lyf og heilsa hf. (Lyf og heilsa) and Garðs Apótek ehf. (Garðs Apótek). The merger was notified 15 December 2020, with long form notification on basis of Art. 17 a of the Icelandic Competition Act No. 44/2005.   On 20 January 2021, the ICA announced to the merging parties that there were ground for further examination of the transaction. The ICA concluded that there were no grounds to intevene because of the merger, as there were no indications that a dominant market postition would be formed or that the merger would otherwise lead to a significant distortion of competition.