Million-Kronor Daily Fines: The Data Request that SVEIT Refuses to Respond To

heimildin.is

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The Icelandic Competition Authority has concluded that the Association of Catering Companies (SVEIT) has neglected its undisputed legal obligation to provide data and has thereby violated the Competition Act. The Icelandic Competition Authority decided yesterday to impose daily fines on the association for the violations in question and, according to the decision, SVEIT shall pay one million krónur in daily fines until the requested data has bee…

Vísir

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The Icelandic Association of Catering Companies (SVEIT) will appeal the Competition Authority's decision to impose daily fines. No fines will be imposed on SVEIT until the Appeals Committee has reached a decision on SVEIT's obligation to provide data.

RÚV

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The Association of Companies in the Catering Market - SVEIT - must pay one million in fines per day until they have handed over to the Competition Authority documents on the establishment of the trade union Virðingar. The association demands that the authority stop investigating the case. The background to the case is that the Competition Authority began a formal investigation in April into alleged violations of competition law by companies in t…

vb.is

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The Competition Authority imposes daily fines on the Association of Companies in the Catering Market for failing to provide the Authority with data.