A survey carried out by employees from the Norwegian School of Economics (NHH) and the Norwegian Competition Authority shows that Norway is among the countries in the world that intervene against most corporate mergers.
“Compared with other countries, Norway stands out with active merger control and relatively frequent use of both bans and remedial measures. Among other things, we have significantly more interventions than our neighboring countries. Sweden, together with Switzerland, has had very few interventions since 2004,” economist Eileen Fumagalli of the Norwegian Competition Authority stated in a press release.
In the 2004–2020 period, the Norwegian Competition Authority announced possible interventions in 86 mergers, and 46 were stopped or restricted.
According to an article that the researchers have written for the magazine Samfunnsøkonomen, Norway intervenes as often as Italy and Spain. In contrast, countries such as Switzerland and Sweden don’t intervene as much.
Source: © NTB Scanpix / #Norway Today / #NorwayTodayFinance
Do you have a news tip for Norway Today? We want to hear it. Get in touch at email@example.com