Appeal by Forlagsins ehf. against the decision of the Competition Authority no. 8/2008: Merger of JPV útgáfu ehf. and Vegamóta ehf.

The Competition Authority imposes a 25 million króna administrative fine on Forlagið for serious breaches of a settlement. In its new decision, the Competition Authority has concluded that Forlagið ehf. breached the conditions of the Authority's decision. No. 8/2008. The publishing house was formed in 2008 by the merger of two companies, namely JPV útgáfu ehf. and Vegamóta ehf. The Competition Authority identified concerns with the merger, but the merging parties reached an agreement with the Competition Authority in February 2008 to allow the merger to proceed and the Publisher to be established. The Publisher participated in formulating the conditions intended to mitigate the merger's anti-competitive effects, which the company considered it could comply with. The Publisher has now breached these conditions. The Competition Authority is therefore imposing an administrative fine of 25 million krónur on the Publisher.