The Competition Authority has taken decision by request
The company's request for a review of the conditions imposed on it, which were first introduced
the basis of its settlement with the Competition Authority the year 2013 but revised
the year 2015.
One of the main objectives of the settlement was to ensure
the independence of Míla, which was then a subsidiary of Síminn, so that it would be easier for
to enable competitors of Símen in retail to do business with Míla on the same terms as
The telephone. Thus, the separation of the companies was largely stipulated, among other things, along with
further commitments which were intended to enhance competition in
telecommunications and television markets here on
country.
Upon the sale of Míla
Conditions for the sale from Síman to the French company Ardian last year fell through.
the aforementioned settlement of 2015 with Míla, as the Competition Authority and
Ardian agrees to a special settlement on certain conditions for buy Ardian on Míla. Were
the condition which, among other things, ensured that Síminn could direct a specific proportion of
its business to other infrastructure companies other than Míla. Míla was also then
set limits on the integration of its services.
However, what remains
Conditions from 2015 regarding Símanum, including its conduct and its business dealings.
wholesale. Síma's request is based primarily on the fact that the conditions which
Continue to apply the discount where Mile and Síminn are no longer vertically connected as well.
that market conditions have changed significantly in recent years and the strength of Síminn on
the telecommunications and television markets were not as significant as when the settlement was made in
beginning.
After an examination of the case, the conclusion is
The Competition Authority finds that there are no grounds to annul the important substantive conditions.
in the 2015 settlement with Síminn, so far. Although it is positive that the disruptions
If there were ownership links between Míla and Síminn, it is clear that Síminn's position, given
market share, has not changed much overall over the past few years,
Wholesale trade is still quite substantial, and there are ongoing cases concerning complaints about
The conduct of Símen supports the continued application of the behavioural conditions. Several provisions, including those on
The supervisory committee for the settlement and other matters not considered necessary to remain in force are
However, it was cancelled.
The Competition Authority considers it important, before
a decision will be taken on further changes to the agreement, as further experience is gained from
the changes that occurred in the telecommunications markets with the sale of Míla by Síminn to Ardian,
in addition to the resolution of pending complaints and observations concerning
The telephone and for consideration, both by the supervisory authority and the courts.
Í the decision published today is discussed in detail
these factors, in addition to a further clarification of which provisions of the 2015 settlement have lapsed,
which are repealed by the decision and which provisions remain in force.
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