Inspection in a finance related market

The Norwegian Competition Authority has in February carried out an unannounced inspection in a finance related market. – The Competition Authority has concerns that the conduct of a company in a finance related market may restrict competition. The Authority has therefore carried out an inspection in this sector with the view to establish whether any breaches of the Competition Act have been committed, says Director of Investigation Kari Bjørkhaug.

The inspection was conducted with prior authorisation from the District Court of Hordaland. During the inspection, the Authority seized relevant material, which will be subject to further examination.

The Competition Authority cannot provide further information about the case, or the market involved, at this stage. General inquiries can be directed to the Authority’s press contact + 47 47667777

Kari Bjørkhaug, Director of Investigation in the Norwegian Competition Authority.