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Articles contributed by Schjødt
Norwegian Competition authority prohibits consumer health merger
The proposed acquisition of the Sunkost chain of consumer health products by Validus ASA, the major wholesaler of consumer health products on the Norwegian market, was prohibited by the NCA on 29 JUne. The parties to the merger have a last chance of appeal to the Ministry of Government Administration and Reform. This will delay the final outcome with another 60 working days, in a case that commenced by a simplified notification on September 24th 2008.
Amendments to the competition act
The amendments to the competition act came into force 1 July 2008. On 7 March 2008 the Norwegian Ministry of Government Administration and Reform presented a proposal for amendments to the Competition Act of 5 March 2004 (White paper (Ot.prp.) No. 35 (2007-2008)). The proposal was approved by the preparatory meeting of the Council of State the same day, and adopted by the King in Council 20 June 2008. The amendments came into force 1 July 2008.