Festi hf. has announced its acquisition of Lyfju hf. The Competition Authority is therefore reviewing the merger, and the case is in its first phase.
All stakeholders and other interested parties are given the opportunity to submit views on the merger, for example, on its potential effects on competition, on the relevant markets, and the level of competition in the relevant markets, which are at least the grocery retail market and the sale of medicines.
Festi hf. is, among other things, the owner of convenience stores, petrol stations and electrical goods stores. Lyfja hf. operates a pharmacy and is also the owner of Heilsu ehf., which sells health products and supplements wholesale; the company is part of the transaction.
The companies' description of the merger can be read in the merger register which is available here.
Reviews sent to gogn@samkeppni.is by 8th December. and enquiries regarding the merger investigation may be directed to halldor@samkeppni.is.
