Purchase by Orkusalan ehf. and RARIK ofh. of Rafveita Reyðarfjarðar

The Icelandic Competition Authority investigated the purchase by Orkusalan ehf. and RARIK ohf. of Rafveita Reyðarfjarðar. The relevant market is production and retail sale of electricity on one hand and distribution of electricity on the other hand. The relevant geographic market is Iceland. The Competition Authority 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.