Breach of the conditions of the settlement regarding the merger of N1 hf and Festi hf

 The decision of the Competition Authority describes a settlement it has reached with Festi hf. In the settlement, the company acknowledges a breach of the commitments in a previous settlement in a merger case, and a breach of the provisions of the Competition Act concerning the provision of information during the Competition Authority's investigation into the same merger case. The company agrees to pay a fine of 750 million kr. for these breaches, which the Competition Authority considers to be serious.