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Merger of Lyfsalinn ehf. á Lyfjavali ehf. og Landakoti fasteignafélagi

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  • Case number: 34/2021
  • Date: 7/9/2021
  • Company:
    • Lyfsalinn ehf.
    • Lyfjaval ehf.
    • Landakot fasteignafélag
  • Sectors:
    • Consumer goods, supplies and etc.
  • Policy Area:
    • Mergers
  • Summary

    The Icelandic Competition Authority (ICA) has examined the merger between Lyfsalinn ehf., Lyfjaval ehf. and Landakot fasteignafélag. Lyfsalinn ehf. operates three pharmacies in the capital area. Lyfjaval ehf. operates three pharmacies, two in the capital area and one in Reykjanesbær. Landakot is the owner of the building in Reykjanesbær where Lyfjaval operates its pharmacy. The ICA concluded that there were no grounds to intervene because of the merger, as there were no indications that a dominant market position would be formed or that the merger would otherwise lead to a significant distortion of competition.