Logo Competition
Send a suggestion
Send data
Menu
  1. Home
  2. Published material
  3. News

Merger of Norðlenska, Kjarnafæða and SAH Afurða – The investigation of the case and the grounds for the decision are set out in more detail

25 May 2021
Snowcap Mountain

Þann 13. apríl 2021 heimilaði Samkeppniseftirlitið samruna Norðlenska matborðsins ehf., Kjarnafæðis hf. og SAH afurða ehf. á grundvelli skilyrða í sátt sem samrunaaðilar gerðu við Samkeppniseftirlitið. Sama dag birti Samkeppniseftirlitið ákvörðun No. 12/2021 þar sem gerð er nánari grein fyrir rannsókn málsins og þeim skilyrðum sem voru sett samrunanum. Samhliða ákvörðuninni birti eftirlitið fjögur fylgiskjöl (fylgiskjöl l, Second, III and IV) þar sem gerð var ítarleg grein fyrir þremur könnunum sem eftirlitið lét framkvæma við rannsókn málsins á meðal neytenda og bænda.

The Competition Authority has today published fylgiskjal I (177 blaðsíður) með ákvörðuninni þar sem gerð er ítarlegri grein fyrir rannsókn málsins, skilgreiningu markaða og mat á áhrifum samrunans. Þar á meðal er gerð ítarleg grein fyrir sjónarmiðum samrunaaðila og annarra hagsmunaaðila, ásamt því sem ályktunum Samkeppniseftirlitsins um samkeppnisleg áhrif samrunans eru gerð nánari skil.

Nánar um skilyrði sem sett voru samrunanum

Líkt og fram kom í News Samkeppniseftirlitsins skuldbinda samrunaaðilar sig til að grípa til eftirfarandi aðgerða:

Measures to strengthen and secure the negotiating position of farmers.

The merged company undertakes not to prevent farmers from transferring their business from the merged company to its competitors. Furthermore, farmers' right to negotiate for specific services with the merged company, such as slaughtering, is guaranteed, while other services, such as processing, may be provided by third parties.

Measures concerning the pricing of individual service components.

The merged company undertakes to account separately for slaughtering and processing, and to be subject to restrictions and rules on the pricing of slaughtering and other specifically defined services for a specified period. Thus, farmers will benefit from the efficiencies the combined company intends to achieve and will not have to endure price increases that can inevitably result from anti-competitive mergers. The conditions are also designed to support farmers' negotiating power and thereby strengthen the leverage they can exert over meat processing plants.

Measures to break the ownership ties with smaller processing plants through the sale of a stake to farmers.

The merged company undertakes to sell its shares in Fjallalambi on the one hand and Sláturfélagi Vopnfirðinga on the other. The shares are to be sold to farmers, or to companies majority-owned by farmers. The sale is subject to a specific deadline, which is confidential.

Measures to prevent the reduction of farmers' competitors and negotiating partners.

Kjarnafæði has had business dealings with the meat processing plants B. Jensen and Sláturfélag Vopnfirðinga. The merged company undertakes to maintain ongoing business dealings for a specified period with B. Jensen and Sláturfélag Vopnfirðinga. These transactions are important for the continued operation of these companies, which might otherwise disappear from the market. The aforementioned commitment aims to ensure that the companies have the room to manoeuvre to respond to changing market conditions and continue to operate as independent competitors.

Measures to promote the competitive independence of the combined company.

The merged company undertakes to adopt a competition policy, take measures to ensure compliance with the settlement in its day-to-day operations, ensure independence from competitors at board level and among key personnel, and maintain a record of all contacts with competitors. Are these measures sufficient to ensure that the merged entity complies with the prohibition on anti-competitive practices under competition law and to prevent the harm that can result from increased concentration in the sector?.

Other news

All news and articles

Kaldalón's purchase of FÍ Fasteignafélags properties approved

  • 11 May 2026
  • News

Monitoring necessary in a monopolistic market

  • 4th May 2026
  • NewsIn focus

The Competition Authority tasked with monitoring fuel pricing

  • 30 April 2026
  • NewsIn focus

„It is of enormous benefit to Icelandic society that there is competition in the financial market.“

  • 27 April 2026
  • NewsIn focus

Summer job for economics students at SKE

  • 22 April 2026
  • News
Composite image/SKE

Merger of Hekla and Bílson – consultation process

  • 20 April 2026
  • News
The Competition Authority has concluded that the merger of Ferro Zink ehf. and Metal ehf. hinders effective competition and must therefore be annulled.

The Competition Authority annuls the merger of Ferro Zink and Metal

  • 17 April 2026
  • News

The Competition Authority submits an opinion on the bill to reduce the value added tax on fuel.

  • 16 April 2026
  • News

Competitive assessment is a key factor in enhancing competitiveness.

  • 10 April 2026
  • News
Logo Competition
Borgartún 26, 105 Reykjavík
PO Box: 5120
Telephone: 585 0700

Shortcuts

  • Solutions
  • Laws and regulations
  • Complaints and enquiries
  • Instructional pages

Subjects

  • Subjects
  • Illegal collusion
  • Dominant market position
  • Merger case
  • Competition and the public sector
  • Market research

Competition Authority

  • About the Competition Authority
  • Governance and administration
  • Planning and strategy
  • Human resources
  • Procedure
  • Appellate Board
  • International cooperation
  • The symbol of the Competition Authority
  • Administrative review
  • Privacy Policy
New website (Beta)
Send a suggestion
Send data
  • Solutions
  • Decisions
  • Opinion
  • Reviews
  • Rulings
  • Reports
  • Subjects
  • Illegal collusion
  • Dominant market position
  • Merger case
  • Competition and the public sector
  • Market research
  • Education
  • Market definitions
  • Competitive indicators
  • Instructional pages
  • A conversation about competition
  • Frequently Asked Questions
  • Complaints and enquiries
  • Laws and regulations
  • Published material
  • News
  • Blog posts
  • In focus
  • Videos
  • Speeches and presentations
  • Articles
  • Reduction of VAT on fuel
  • About the Competition Authority
  • Governance and administration
  • Planning and strategy
  • Human resources
  • Procedure
  • Appellate Board
  • International cooperation
  • The symbol of the Competition Authority
  • Administrative review
  • Contact Us

Search

Leita..

The artificial intelligence is thinking...

New website samkeppni.is

The other day, it was launched. Beta version of a new website. We welcome all suggestions and comments regarding the new website via the form below.

"*" indicates required fields

This field is for validation purposes and should be left unchanged.