Decisions
Merger og SÍA IV slhf., Stefnir hf. and Internet á Íslandi ehf
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- Case number: 6/2025
- Date: 27/2/2025
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Company:
- SÍA IV. slhf.
- Stefnir hf.
- Internet á Íslandi ehf.
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Sectors:
- Telecommunications, IT and media
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Policy Area:
- Mergers
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Summary
ICA approved the companies’ merger as Internet á Íslandi ehf. ISNIC operates the Icelandic country-code top-Level domain .is and is in the market for the local country domain. Stefnir and SÍA are not in the same market. It is therefore a conglomerate merger. The parties’ amended and shortened non-compete clauses from five years to two. ICA concluded that the merger did not strengthen a dominant position or significantly impede competition in any other way.