Erindi Iceland Express ehf. vegna verðlagningar Icelandair ehf. á fargjöldum til Kaupmannahafnar og London

The Competition Authority has concluded that Icelandair breached competition law by abusing its dominant market position in scheduled flights on the routes between Keflavik and Copenhagen, and between Keflavik and London. The infringement took place in 2004 when Icelandair offered internet fares, so-called 'Net Clicks' amounting to 16,900 kr., in large quantities to the aforementioned destinations at a price that did not cover costs. This constitutes harmful below-cost pricing within the meaning of competition law. Icelandair offered the aforementioned illegal internet fares approximately one year after Iceland Express began scheduled flights between the destinations in question, competing with Icelandair. The Competition Authority has, by its decision, ordered Icelandair to pay a fine of 190 million króna to the state treasury.

The case was appealed; see the decision of the Competition Appeals Tribunal in the case No. 4/2007