Samskip rejects the Icelandic Competition Authority\u2019s (ICA) assumptions and conclusions in its investigation into Eimskip\u2019s and Samskip\u2019s alleged collusion in the North Atlantic market from 2006 to 2013. The ICA\u2019s findings of extensive and organised collusion are wholly baseless and in no context with either data or facts. Samskip condemns the ICA\u2019s approach in the investigation and intends to have its results overturned.
\nSamskip builds its operations on competition in all markets, and the company leads in creating effective competition and cost-effective solutions in transport and related services. The ICA\u2019s conclusion is characterised by half-truths, misleading statements, and misrepresentations of facts.<\/p>\n
The ICA\u2019s investigation has been ongoing since 2010. The ICA carried out raids at Samskip and Eimskip in 2013 and 2014, seizing large amounts of data. Ten years have passed since the 2013 raid. The ICA\u2019s theories and conclusions only became apparent when it presented the companies with preliminary reports in two parts. The document\u2019s first part was issued on 6 June 2018, and the second on 13 December 2019. At that time, six years had passed since the first raid and almost ten from the beginning of the investigation. In late November 2020, the ICA added a third preliminary report to which Samskip submitted its comments in January 2021.<\/p>\n
The preliminary reports are more than two thousand pages, and the accompanying documents number in the tens of thousands. Samskip submitted detailed comments on the reports illustrating how the ICA\u2019s preliminary conclusions were fundamentally incorrect. The ICA then published its findings and decision on fines conclusion 31.08.2023.
\nSamskip is deeply disappointed by the ICA\u2019s procedure in the case. It has been extraordinarily cumbersome and has had a crippling effect on Samskip\u2019s operations. The ICA has overexaggerated in its investigation and data gathering and has come to a decision wholly out of context with reality. Theories and conclusions about violations are presented without backing with evidence. Theories are supported by false representations of data and facts or blatant misinterpretations.
\nSamskip will not abide by the ICA\u2019s decision and will use all available means available by law to overturn the decision.<\/p>\n
For further information, please contact:
\n\u00de\u00f3runn Inga Ingjaldsd\u00f3ttir, Samskip Iceland\u2019s head of Marketing and Communication. Mobile: +354 858-8150 E-mail: thorunn.inga.ingjaldsdottir@samskip.com.
\nH\u00f6r\u00f0ur Felix Har\u00f0arson, Samskip\u2019s solicitor. Mobile: +354 820-4608 E-mail: hordur@law.is.<\/p>\n","protected":false},"excerpt":{"rendered":"
Samskip rejects the Icelandic Competition Authority\u2019s (ICA) assumptions and conclusions in its investigation into Eimskip\u2019s and Samskip\u2019s alleged collusion in the North Atlantic market from 2006 to 2013. The ICA\u2019s […]<\/p>\n","protected":false},"author":4,"featured_media":3720,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[32],"tags":[],"class_list":["post-3718","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-frettir"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.samskip.is\/en\/wp-json\/wp\/v2\/posts\/3718","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.samskip.is\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.samskip.is\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.samskip.is\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.samskip.is\/en\/wp-json\/wp\/v2\/comments?post=3718"}],"version-history":[{"count":0,"href":"https:\/\/www.samskip.is\/en\/wp-json\/wp\/v2\/posts\/3718\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.samskip.is\/en\/wp-json\/wp\/v2\/media\/3720"}],"wp:attachment":[{"href":"https:\/\/www.samskip.is\/en\/wp-json\/wp\/v2\/media?parent=3718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.samskip.is\/en\/wp-json\/wp\/v2\/categories?post=3718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.samskip.is\/en\/wp-json\/wp\/v2\/tags?post=3718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}