Norway: Issued Competition Authority decision that the acquisition of Nettbil by Schibsted was anti-competitive

On 11 November 2020, the Norwegian Competition Authority (NCA) concluded its investigation into the 2019 acquisition of the online consumer-to-business marketplace platform Nettbil by media conglomerate Schibsted and concluded that the horizontal overlap in the online marketplace through Schibsted's car sales platform, "Finn.no", gave the acquisition incentives for anti-competitive behaviour. This could result in higher prices with lower quality for consumers and Schibsted was ordered by the NCA to divest its shares in Nettbil to an independent buyer within six months.