Svein Terje Tveit
Phone: +47 23 89 40 00
Mobile: +47 950 62 685
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New case from the Norwegian Competition Authority shows an increased interest in minority shareholdings.
The Norwegian ‘self-assessment system’ and the option for the Competition Authority to order a filing based on its own market intelligence or complaints, means that the parties need to take precautions to rule out nasty surprises. Foreign to foreign transactions may also be affected as long as there is an effect on competition in Norway.
Svein Terje Tveit and Stein Ove Solberg have written an article in Kluwer Competition Law Blog that discusses the scope and implications of the minority shareholdings merger control rules and related jurisdictional issues. The article is available here.