Competition Authority: Rules Should Apply to Dairies Skip to content

Competition Authority: Rules Should Apply to Dairies

Páll Gunnar Pálsson, director of the Competition Authority, stated that the legal provision which permits the merger of dairies without the authority’s interference has been harmful for the market and should be abolished.

Photo by Páll Stefánsson.

Minister for Economic Affairs Gylfi Magnússon agrees, reasoning that it isn’t natural for certain industries to be partly or entirely exempt from competition regulations, reports.

The Competition Authority recently came to the conclusion that the merger of Mjólka and Kaupfélag Skagfirdinga would limit competition on the dairy market, but couldn’t intervene because of the aforementioned legal provision.

The authority approached Minister of Agriculture Jón Bjarnason yesterday, recommending that the provision be revoked.

MP for the Progressive Party Eygló Hardardóttir has requested a meeting between the parliament’s trade, fishing and agriculture committees to discuss this matter. was unable to contact Bjarnason while working on this article.

Sign up for our weekly newsletter

Get news from Iceland, photos, and in-depth stories delivered to your inbox every week!

* indicates required

Subscribe to Iceland Review

In-depth stories and high-quality photography showcasing life in Iceland!

Share article