The Competition Authority submitted an opinion to the Parliamentary Budget Committee on the draft budget in a letter dated 14 November 2023. The opinion was accompanied by a memorandum, 'Budgetary Allocations of the Competition Authority – Needs Analysis and Development', which provides a detailed account of staff deployment and assesses the staffing levels the authority needs to fulfil its statutory role adequately.
The review and memorandum also discuss the development of the Competition Authority's funding from 2014 to 2024.
This discussion paper provides a more detailed account of the development of funding for the Competition Authority, placing it in the context of developments in wage costs, the Consumer Price Index, Gross Domestic Product, and the number of businesses in Iceland from 2014-2024.
It also discusses the number of person-years worked at the institution and their development over time by main project.
3 / 2023
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