The Norwegian Competition Authority prohibits the acquisition by a competitor in the car digital marketplace sector (Schibsted / Nettbil)

Competition Authority, Norwegian

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11 Nov 2020

The Norwegian Competition Authority prohibits the acquisition by a competitor in the car digital marketplace sector (Schibsted / Nettbil)

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Reference

Norwegian Competition Authority, Schibsted / Nettbil, Press release, 11 November 2020

Schibsted must sell Nettbil* The Norwegian Competition Authority has decided to intervene against Schibsted’s acquisition of Nettbil. The Authority is of the view that the acquisition will weaken competition in the market for online sales of used cars and will result in poorer services for consumers. Schibsted ASA and Nettbil AS operate competing digital

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Norwegian Competition Authority
Norwegian Competition Authority (Bergen)

Norway 31 contributions 3715 visits

Quotation

Norwegian Competition Authority, The Norwegian Competition Authority prohibits the acquisition by a competitor in the car digital marketplace sector (Schibsted / Nettbil), 11 November 2020, e-Competitions November 2020, Art. N° 98280

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