The Icelandic Competition Authority cleared a merger in the television industry subject to remedies, including restrictions on board membership and also on combined selling and measures which could reduce third-party access (365 / Saga)
The operation
On 29 July 2005 the Icelandic Competition Authority (ICA) was notified that 365 ljosvakamidlar ehf (365) had acquired all the shares of Saga film hf (Saga).365 is a company that runs both free and subscription television channels and radio channels. Saga film is a company that produces TV shows, films and advertisements. On 17 November 2005 and after main examination proceedings, the ICA cleared the merger, subject to the remedies described
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