Competition is a basic mechanism of the market economy and encourages companies to provide consumers with products that consumers want. It encourages innovation and pushes down prices. In order to be effective, competition needs suppliers who are independent of each other, each subject to the competitive pressure exerted by the others. The competition rules in the EEA Agreement are enforced by the Authority in Iceland, Liechtenstein and Norway.Read more
On 26 October 2016 ESA opened proceedings against DNB, Nordea, Finance Norway and BankID for suspected breaches of the competition rules in the EEA Agreement. Bits, a related organisation to Finance Norway, will also be investigated.Read more
In June 2016 the Authority opened formal antitrust proceedings against Widerøe's Flyveselskap AS to investigate whether it may have infringed the EEA competition rules.Read more
On 20 December 2016, ESA closed an investigation of the ferry company Color Line and the municipality of Sandefjord in Norway. The parties have ended practices alleged to be in breach of EEA competition rules.