The Norwegian Competition Authority’s Prohibition Decision in a Below Threshold Transaction in the Digital Sector (Schibsted/Nettbil) Quashed by the Supreme Court
In its judgement on 17 February 2023, Norway’s Supreme Court quashed the Norwegian Competition Authority’s prohibition of the 2019 acquisition of tech start-up Nettbil by media conglomerate Schibsted. This is the very first merger case heard by the Norwegian courts and represents an important development in Norwegian merger control. Prohibition of a Below-Threshold Transaction…