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Wikborg Rein

DRONNING MAUDS GATE 11, P.O.BOX 1513 VIKA, NO-0117 OSLO, NORWAY
Tel:
Work +47 22 82 75 00
Fax:
Fax +47 22 82 75 01
Email:
Web:
www.wr.no
Bergen, London, Oslo, Shanghai, Singapore

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FIRST NORWEGIAN JUDGMENT APPLYING THE COMPETITION ACT IN A DISPUTE BETWEEN PRIVATE PARTIES

March 2009

On 17 March 2009, a Norwegian High Court held that a non-compete clause in an agreement regarding quarrying rights was contrary to the prohibition against anti-competitive agreements. The High Court held that the non-compete clause had the object of restricting competition and consequently was void. This is the first court case in which Norway’s 2004 Competition Act has been applied in a dispute between two private parties.

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Wikborg Rein acted on behalf of the successful appellant.

For more information, please contact: 
Morten Goller, mgo@wr.no / (+47) 22 82 75 00
Mads Magnussen, mma@wr.no / (+47) 22 82 75 00
Simen M. Klevstrand, smk@wr.no / (+47) 22 82 75 00

www.wr.no 

Legal Developments by:
Wikborg Rein

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    On 11 May 2012 certain changes to the Norwegian prospectus rules were proposed to the Norwegian parliament to ensure compliance with Directive 2010/73 EU.
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