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Eggs ehf. acquisition of all the shares in Bílaleiga Flugleiða ehf

  • Get document
  • Case number: 5/2024
  • Date: 6/6/2024
  • Company:
    • Bílaleiga Flugleiða ehf.
    • Egg ehf.
  • Sectors:
    • Transport and travel affairs
  • Policy Area:
    • Mergers
  • Summary

    The Icelandic Competition Authority (ICA) has examined Eggs ehf. acquisition of all the shares in Bílaleiga Flugleiða ehf. Egg ehf. owns the car dealership BL ehf. BL ehf's main business is to import new vehicles and sell them to individuals and companies, including car rentals. Bílaleiga Flugleiða ehf. operates a car rental under the Hertz brand.The company's main business is to rent automobiles to individuals and companies for short and long term. Hertz also operates a car dealership selling used vehicles from the company's fleet. 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.