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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