Origo hf.'s acquisition of 70% shares in Eldhaf ehf.

The decision concerned the acquisition by Origo hf. of a 70% stake in Eldhaf ehf. Origo hf. operates in various fields of information technology and consumer retail. The company's main activities consist of the sale of consumer goods, hardware and related services, the development and sale of software, information technology consultancy, as well as hosting, the operation of computer systems and related services. Eldhaf ehf. operates in the market for the sale of computers, computer-related equipment and mobile phones, particularly from the manufacturer Apple. 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.