A PYMNTS Company

Norway: Dawn raids stun top publishers

By  |  April 8, 2014

Several of Norway’s largest publishers were the subject of unannounced searches by the Norwegian Competition Authority, say reports, as regulators probe possible collusion among the companies.

The publishers, which include Aschehoug and Gyldendal, are suspected of colluding to not do business with convenience stores and grocers. In total, four firms were searched, and representatives for all companies confirmed the raids.

A distributor for the publishers was also reportedly searched.

The investigations, details of which are scarce, follow complaints over the publishers’ prices, with some members of the community accusing the groups of forming a cartel to fix prices. Those claims are unrelated to Tuesday’s searches, however.

Full Content: News in English

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.