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Icelandic court rejects Eimskip's complaint in competition case

Iceland's Court of Appeal rejects Eimskip's claim that a protracted competition case against the shipping line is illegal. Conversely, the court holds that a district court must hear the company's former CEO, who wanted the case closed.

Photo: PR/Eimskip

The Icelandic Court of Appeal has rejected a demand by Eimskip to cease investigation in a protracted competition case against the shipping company and its management, says Eimskip in a statement.

For years, Eimskip has been in conflict with the Icelandic Competition Authority, which has accused the company of forming a cartel with competitor Samskip over a number of years. Since 2010, the company has been under investigation by the Competition Authority, while the District Prosecutor has been involved since 2014.

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