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Merger of Línuhönnun hf., Verkfræðistofan Afl hf. and Raftæknistofan hf.

Analysis

By letter dated 6 June, the Competition Authority was notified of the merger of Línuhönnun hf., Verkfræðistofan Afl hf. and Raftæknistofan hf. In the opinion of the Competition Authority, the acquisition constitutes a merger within the meaning of Articles 4 and 17 of the Competition Act, and the merger is subject to the merger control of Article 17 of the Act as the turnover thresholds of the provision are met. However, the Competition Authority's investigations do not indicate that the merger will distort competition. In light of this, the Authority considers that there is no reason to take further action regarding the merger under section 17 of the Competition Act.

Decisions
Case number

40 / 2008

Date
30 June 2008
Company

Line Design Ltd.

Raftækni Ltd.

Engineering firm Afl Ltd.

Industries

Specialist services and other services

Self-employed professionals (lawyers, auditors, architects, engineers, veterinarians, other consultants)

Subjects

Merger case

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