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Acquisition by TK bíla ehf. of Bílaverkstæði Austurlands ehf

The ICA cleared an acquisition by TK bílar ehf. of Bílaverkstæði Austurlands ehf. 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.