Region: Iceland

Iceland blocks three-to-two merger

Iceland’s Competition Authority has blocked a food conglomerate’s acquisition of a mayonnaise producer over concerns the deal could enable the buyer to abuse its market power in other parts of the country’s food supply chain.

30 January 2023

Icelandic merger rules apply to private healthcare deals, court confirms

An Icelandic court has upheld the national antitrust enforcer’s rare decision to block a three-to-two medical imaging tie-up, dismissing the companies’ claim that the healthcare sector is exempt from the country’s merger control regime.

09 December 2022

Iceland laments high concentration and market barriers following international competition comparison

A review of competition levels in several countries reveals that Iceland is home to “worrying” levels of market consolidation and barriers to entry, the chief economist of the country’s antitrust enforcer has said.

09 December 2022

EU conditionally approves three-to-two salmon farm deal

The European Commission has approved a tie-up between two leading salmon farmers, subject to the divestment of the target’s entire Icelandic business.

01 November 2022

Iceland approves major telecoms merger with revised remedies

Iceland’s Competition Authority has conditionally approved Ardian’s €493 million purchase of the country’s largest telecommunications operator after previously rejecting the companies’ proposed remedies.

20 September 2022

Iceland rejects remedy bid in major telecoms Phase II probe

Iceland's Competition Authority has extended its in-depth investigation into the sale of the country’s key telecommunications infrastructure after dismissing the purchaser's proposed commitments as insufficient to remedy its competition concerns.

15 August 2022

Iceland seeks remedies to clear major telecoms tie-up

The proposed sale of Iceland’s largest telecommunications infrastructure provider to French private equity firm Ardian has been complicated by the national competition authority’s demand for “burdensome” remedies, the seller has claimed.

20 July 2022

Publishing merger abandoned in Iceland

One of the world's biggest audiobook service providers and Iceland's largest book publisher have called-off their proposed tie-up after the Icelandic Competition Authority issued a statement of objections to the companies.

08 January 2021

Iceland issues rare merger block

Iceland’s Competition Authority has blocked a three-to-two merger between two private radiology companies, opposing a deal for only the ninth time in over a decade.

04 September 2020

Competition enforcers tackle coronavirus

Enforcers in Poland, the UK, Iceland and Armenia are using their powers to aid in their respective governments’ responses to the global coronavirus outbreak.

06 March 2020

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