Merger of Fagkaupa ehf and BG Fossberg ehf

The decision concerned the merger of Fagkaupa ehf. and BG Fossberg ehf. Fagkaupa's business consists of the import, distribution and sale of building materials. The main activity of BG Fossberg's subsidiary, Fossberg, is the retail of ironmongery and building materials in specialist stores, but this activity overlaps with that of Fagkaupa. Following an investigation into the merger, the Competition Council concluded that there was no reason for intervention, as there were no indications that a dominant position was being created or that the merger would otherwise lead to a significant distortion of competition.