Discusses the legal requirements/options for joint venture/licensing in this market.
Last Published: 2/18/2019

The 1993 competition laws were reviewed and amended in 2001 and in 2005 to address joint ventures and the obligation to report on mergers.  Iceland has adopted EU regulation (EC) No. 139/2004 on control of concentrations between undertakings.  Joint ventures are subject to merger control.
 

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