The Competition Authority has concluded in its new decision that Eimskip (Hf. Eimskipafélag Íslands) abused its dominant position in the sea freight market, thereby breaching the prohibition provisions of the Competition Act. Eimskip did this, on the one hand, through actions aimed at deliberately driving Samskip out of the market and, on the other, by entering into numerous so-called exclusive purchase agreements with its customers. By exclusive purchasing in this context, we mean agreements whereby Eimskip bound its customers to purchase transport services exclusively from the company. Exclusive purchasing agreements are illegal when a dominant undertaking is involved. Some of the contracts also contained anti-competitive loyalty discounts. The Competition Authority considers that Eimskip's breach of Article 11 of the Competition Act was serious and liable to cause significant competitive harm to business and the public.
This case was initiated following a complaint from Samskip, and a search of Eimskip was carried out as a result, see below for further details on the proceedings.
Decision nr. 70/2007.
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