The Competition Authority approves the merger of Lýsi hf. and Akraborg ehf.

The Competition Authority has been reviewing the merger of Lýsi hf. and Akraborgar ehf. Lýsi is a company that produces cod liver oil and other products from fish catch. Akraborg is a company that primarily produces cod livers which are canned in consumer packaging. Both companies use fish livers in their production, and the market for sourcing raw materials was the market that was primarily under review in the case. Following the Competition Authority's investigation into the competitive effects of the merger, the authority concluded that it did not lead to the creation or strengthening of a dominant position, nor did it otherwise significantly distort competition. The decision of the Competition Authority provides further details on the outcome of the case. No. 28/2015, Merger of Lýsis hf. and Akraborgar ehf.