Alfa Framtak‘s takeover bid on Origo

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• Case number: 3/2023
• Date: 20/2/2023
• Company:
  • Origo hf
  • Alfa framtak ehf.
• Sectors:
  • Telecommunications, IT and media
• Policy Area:
  • Mergers
• Summary

  A decision was taken in regards to the takeover bid of Alfa Framtak on Origo. The activities of the merging parties do not overlap in such a way that there was a reason for intervention.

  The markets of the case were several, e.g. market for IT services.

  After investigation it was concluded that there was no reason for intervention, as that a possible merger would not have the effect of creating or strengthening a dominant market position, or otherwise distorting competition in a significant way. For that reason, it was the conclusion of ICA that there were no grounds for taking action regarding this case on the basis of Article 17. c of the Competition Act