Merger of Fjarskipta hf. and 365 miðla hf.

The Competition Authority has approved the acquisition by Fjarskipta hf. (Vodafone) of certain assets and operations of 365 miðla hf. (365). The merger is subject to conditions agreed between the Competition Authority and the merging parties. The merger parties have therefore committed to undertaking measures to ensure competition in the telecommunications and media market. The measures are also intended to promote pluralism and diversity in the media market.