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

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 marketplaces