Decisions
Merger of KG Fiskverkun ehf. and Valafell ehf
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- Case number: 40/2021
- Date: 1/11/2021
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Company:
- KG Fiskverkun ehf.
- Valafell ehf.
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Sectors:
- Consumer goods, supplies and etc.
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Policy Area:
- Mergers
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Summary
The Icelandic Competition Authority (ICA) has examined KG Fiskverkun ehf.´s merger with Valafell ehf. KG Fiskverkun ehf. is a fishing and fish processing company and operates the fishing vessel Tjaldur SH-270. Valafell ehf. is a fishing and fish processing company and operates the fishing vessel Ólafur Bjarnason SH-137.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.