
The Competition Authority has concluded a case concerning infringements by Tæknivara ehf. and Hátækni ehf. of Article 10 of the Competition Act. The circumstances of the case were that in April 2010 The Competition Authority carried out a search at Skiptum hf. and its subsidiaries, Símanum hf. and Tæknivörum ehf., in connection with an investigation into another case concerning an alleged breach by Símanum of the prohibition in Article 11 of the Competition Act on the mobile phone market. . That matter has been concluded, see the decision of the Competition Authority. No. 6/2013, Changes to the structure of the Telecommunications Group and other measures to strengthen competition in the telecommunications market.
Based on data found in the aforementioned search, a search was conducted at Hátækni ehf. on 7 May 2010. This was done due to suspicion of illegal collusion between Hátækni and Tæknivara on a wholesale market for the sale of mobile phones. The offences consisted of the making of five mobile phone transaction agreements during the case's investigation period.
Following the searches, Skipti and Tæknivörur approached the Competition Authority and offered to assist in clarifying the matter. Subsequently, a settlement was reached with the Skipti Group in July 2010. Skipti agreed to pay fines of 400 million kr., divest Technical Products and comply with other specific orders to ensure competition. The settlement with Skipti was announced in a news item on the Competition Authority's website on 9 July 2010, and the case was thereby concluded with respect to Skipti.
Hátækni has now also reached an agreement with the Competition Authority on the conclusion of the case. The company is paying a 50 million króna fine in connection with the case. The case is therefore considered closed. The matter is discussed in more detail in the decision. No. 7/2013.
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