The purchase of Sýn hf.'s core network by Ljósleiðarinn ehf.

The decision concerned the acquisition of the Sýn hf. core network by Ljósleiðarinn ehf. The companies operate in various telecommunications service markets. Ljósleiðarinn operates in the Icelandic wholesale markets for telecommunications services, and the company's core business consists of operating a fibre-optic network and selling products and services over its network to telecommunications companies. 

Sýn operates in the telecommunications and media services sector. Sýn provides comprehensive telecommunications services and offers all major services within this field, including fixed-line, mobile, data transmission, television and internet services. 

Following an investigation into the merger, the Competition Authority 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.