Competition Law

The Norwegian Competition Act applies to all undertakings, including small, medium-sized, and large businesses. The Act prohibits anti-competitive cooperation, abuse of a dominant position, and mergers or acquisitions that harm competition.

For example, competitors may be prohibited from cooperating to fix prices or from joining forces to push another player out of the market.

It may also be contrary to the Competition Act for a dominant undertaking to squeeze others out of the market, for example by entering into exclusivity agreements.

All mergers and acquisitions must be notified to the Norwegian Competition Authority if at least two of the parties each have an annual turnover in Norway exceeding NOK 100 million and their combined turnover exceeds NOK 1 billion.

Law.no can assist with, among other things:

• Training and introductory courses in competition law.
• Establishing and evaluating compliance programs.
• Complaints to the Norwegian Competition Authority on behalf of parties harmed by infringements of the law.
• Advice on information exchange and project cooperation.
• Assistance with private lawsuits brought by parties that have suffered losses as a result of breaches of the Competition Act.
• Damages claims following sanctions imposed by the competition authorities.
• Drafting and quality assurance of production, distribution, and cooperation agreements to ensure they comply with the Competition Act.