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Salmon farming market merger under investigation – submissions sought

5 September 2022

With the merger announcement on the 22nd.
Last July, notice was duly given in this country of the acquisition of control
SalMar ASA is to acquire NTS ASA in the salmon farming market. This merger leads to the competitors
Arnarlax and Arctic Fish, which operate sea-cage farming in the Westfjords, will come under
under the control of the same party.

In the investigation of the case,
The Competition Authority has obtained views and information from market and stakeholder parties.
Does the research, among other things, provide reason to believe that a party's market share on
the likely markets for the case will be considerable. In the opinion of the Competition Authority,
It is necessary to invoke further extensions of time for the investigation of the matter, including with a view to
with the aim of examining in more detail the possible harmful effects of the merger and/or
barriers to access.

The merger parties have therefore been
announced that there is cause for further investigation into the merger's competitive effects,
which is often referred to as phase two in
mergers control.

This merger is not limited to
Iceland has also been reported to the Norwegians.
competition authorities and the European Commission. Norwegian
Competition authorities have announced that they will not take action regarding the merger.,
due to the limited impact of the merger in Norway, but the European Commission remains
Considering the merger.

This case concerns the organisation of the salmon farming market.
in Iceland for the future. In that light, those who so choose are given the opportunity to come
to written submissions which may be relevant to the investigation of the case.

Submissions of such views are requested.
to the supervisory authority by 16 September at the latest, to the email address samkeppni@samkeppni.is.

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