Tuesday, July 09, 2024

MORE CORRUPTION IN ICELANDIC POLITICS

New laws have entered into force in agriculture: 

1. Meat production plants will be allowed to merge without restrictions.
 
2. Product centers will be allowed to carry with them any kind of consultation regarding division of labor, pricing or other aspects of the operation. 
 
3. The provisions on the supervision of the Competition Authority and, depending on the circumstances, the prohibition of unauthorized agreements or decisions by manufacturers, which were in the original bill, are repealed in the law.

 - It didn't take long until a large company bought the competitor and thereby became the market leader. 

-Among the members of parliament who made the law is a part owner in one of these companies.

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