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Norwegian Competition Authority blocks Eimskip takeover of Nor Lines

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© Furqan Masoodi | Dreamstime.com - Holmfoss - Eimskip
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The Norwegian Competition Authority (NCA) has blocked Eimskip’s acquisition of Nor Lines, citing concerns over reduced competition and the potential for shippers being subject to increased rates.

A spokesperson for the NCA told The Coolstar the “preliminary” decision had been reached because the two carriers were close ...

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