An appeal to the Appeals Board must be accompanied by an appeal fee of 200,000 kr., which shall be paid into the state treasury. If the appeal is successful, the fee will be refunded. The Competition Appeals Board will not consider an appeal unless the appeal fee is paid. In accordance with the Competition Act, the Board's ruling must be issued within six weeks of the appeal. However, an appeal does not suspend the entry into force of the Competition Authority's decisions.
The Competition Appeals Tribunal shall consist of three members and an equal number of substitutes, appointed by the Secretary of State for Trade on the nomination of the Supreme Court. The chairman and their deputy, who shall also be the vice-chairman, must meet the qualifications for a Supreme Court judge, while the other members of the panel must have professional expertise in the field of competition and commercial law. The term of office of the Appeal Board shall be the same as the term of office of the Board of the Competition Authority.
Rules of Procedure of the Appeal Board, updated April 2022.
The Competition Appeal Tribunal is constituted as follows, with effect from 1 September 2025:
Björn Jóhannesson, barrister-at-law, chairman.
Katrín Ólafsdóttir, economist.
Frederick Arni Friðriksson Hirst, Director of the University of Iceland's Faculty of Law.
Substitutes
Lárus L. Blöndal Lawyer, Vice-Chairman.
Kirstín Þ. Flygenring economist.
Hildur Ýr Viðarsdóttir lawyer.
Secretary of the Appeals Committee
Unnur L. Hermannsdóttir, hdl.
The committee's email address
decision.competition(at)afns.is
Telephone number: 849 1309
Fax 530 1801
Appeals to the Appeals Committee shall be sent to the committee's email address or to the chair's office.
Appeals Authority for Competition
c/o Björn Jóhannesson, Chairman of the Appeals Committee
Skipholti 50d, 4th floor (Main law firm), 105 Reykjavík
Reports from the Competition Appeals Tribunal
Report of the Competition Appeals Tribunal for the year 2010
Report of the Competition Appeals Tribunal for the year 2011