Merger of Nesfisks ehf. and Flatfisks ehf.

The decision concerned the merger of Nesfiskur ehf. and Flatfiskur ehf. Nesfiskur ehf. is a fishing company that operates its own processing plant and exports fish. The company holds quota shares in various species caught off the coast of Iceland. Flatfiskur ehf. specialises in purchasing flatfish at fish markets for processing and export. 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.