Two Icelandic shipping companies Eimskip and Samskip are currently being investigated by Icelandic Competition Authority for violating Icelandic competition act.
Last week, Eimskip received the first statement of objections from the Icelandic Competition Authority as part of the investigation, which states that Eimskip and Samskip committed an illegal collusion which infringed article 10 of the Icelandic competition act and article 53 of the EEA agreement during the investigated period from 2008 until 2013.
The authority will send the second statement of objections, which will address potential penalties and potential need for remedies soon.
Eimskip said it will now start preparing its arguments towards the statement of objections and has until September 7 to submit arguments, documents and information.
Eimskip currently operates a fleet of ten containership including six reefer boxships and Samskip operates two feeder boxships.