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ICA imposes periodic penalty
payments per day to the Restaurant Employers' Association (SVEIT) | Decisions | The Icelandic Competition Authority
Decisions
ICA imposes periodic penalty payments per day to the Restaurant Employers' Association (SVEIT)
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- Case number: 21/2025
- Date: 11/6/2025
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Summary
With the authority of Article 38 of the Competition Act, the Competition Authority imposes daily fines on SVEIT, an association of companies in the catering market. SVEIT shall pay ISK 1,000,000 per day until the data specified in paragraph 15 of the Competition Authority's letter of 31 March 2025 have been submitted to the Authority.