The Competition Authority
publishes today a decision in the merger investigation of ÍSAM ehf., Ó. Johnson & Kaaber ehf.
and Sælkeradreifingar ehf., the investigation concluded on 29 July with a settlement.
between the merging parties and the Competition Authority. With the settlement, the parties commit
the merger parties commit themselves to taking measures aimed at eliminating that
a competitive distortion that the merger would otherwise have led to.
Otherwise
Therefore, the merging parties commit to ensuring operational separation.
between a combined enterprise and the related business of the companies' owners, in particular
Myllunnar. The group's wholesale business will be conducted in a new company about
a so-called joint venture which will be separate from the other
operation.
The other
Therefore, the merging parties commit to taking more specific measures to
to reduce the negative effects of mergers on competition in a field where the combined
The company would otherwise have had a very strong position. Due to commercial interests
at this stage it is not possible to provide further information on the substance of this condition, but it
will be done at a later stage.
More detailed
Coverage can be found in Decision of the Competition Authority no. 36/2021.
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