Norwegian Competition Authority
   HOME

TheInfoList



OR:

Norwegian Competition Authority ( no, Konkurransetilsynet) is
Norwegian Norwegian, Norwayan, or Norsk may refer to: *Something of, from, or related to Norway, a country in northwestern Europe * Norwegians, both a nation and an ethnic group native to Norway * Demographics of Norway *The Norwegian language, including ...
Government agency A government or state agency, sometimes an appointed commission, is a permanent or semi-permanent organization in the machinery of government that is responsible for the oversight and administration of specific functions, such as an administrati ...
responsible for managing the ''Competition Act'' of 2004, including
regulation Regulation is the management of complex systems according to a set of rules and trends. In systems theory, these types of rules exist in various fields of biology and society, but the term has slightly different meanings according to context. ...
s imposed through the
European Economic Community The European Economic Community (EEC) was a regional organization created by the Treaty of Rome of 1957,Today the largely rewritten treaty continues in force as the ''Treaty on the functioning of the European Union'', as renamed by the Lis ...
. This includes regulating
cooperation Cooperation (written as co-operation in British English) is the process of groups of organisms working or acting together for common, mutual, or some underlying benefit, as opposed to working in competition for selfish benefit. Many animal a ...
that hinders
competition Competition is a rivalry where two or more parties strive for a common goal which cannot be shared: where one's gain is the other's loss (an example of which is a zero-sum game). Competition can arise between entities such as organisms, ind ...
, misuse of a dominant market position and control of
buy-out In finance, a buyout is an investment transaction by which the ownership equity of a company, or a majority share of the stock of the company is acquired. The acquiror thereby "buys out" the present equity holders of the target company. A buyout ...
s and
merger Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspec ...
s. The authority is based in
Bergen Bergen (), historically Bjørgvin, is a city and municipalities of Norway, municipality in Vestland county on the Western Norway, west coast of Norway. , its population is roughly 285,900. Bergen is the list of towns and cities in Norway, secon ...
.


History

Competition regulation in Norway dates back to the break-out of
World War I World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was List of wars and anthropogenic disasters by death toll, one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, ...
when merchants made large profits maximizing the price of necessary goods. To counter this, the authorities regulated the price and availability of food through rations. On July 21, 1917 the Norwegian Price Directorate was created to regulate the Norwegian market. The present name came in 1994 when a new ''Competition Act'' was passed and the authority restructured. In 2003, the agency was moved from Oslo to
Bergen Bergen (), historically Bjørgvin, is a city and municipalities of Norway, municipality in Vestland county on the Western Norway, west coast of Norway. , its population is roughly 285,900. Bergen is the list of towns and cities in Norway, secon ...
, along with six other directorates and inspectorates which were moved out of Oslo, in a program initialized by Victor Norman, Minister of Government Administration and Reform of the
Conservative Party The Conservative Party is a name used by many political parties around the world. These political parties are generally right-wing though their exact ideologies can range from center-right to far-right. Political parties called The Conservative P ...
. It cost 729 million
Norwegian krone The krone (, abbreviation: kr (also NKr for distinction); code: NOK), plural ''kroner'', is currency of the Kingdom of Norway (including Svalbard). Traditionally known as the Norwegian crown in English. It is nominally subdivided into 100 ...
(NOK) to move the seven agencies. An official report from 2009 concluded that the agencies had lost 75 to 90% of their employees, mostly those with long seniority, and that for a while critical functions for society were dysfunctional. No costs reductions had been made, there was no significant impact on the target area, and there was little impact on the communication between the agencies and the ministries. In a 2010 report, Professor Jarle Trondal concluded that none of the agencies had become more independent after the move, despite this being one of the main arguments from the minister. Norman successor,
Heidi Grande Røys Heidi Grande Røys (born 6 May 1967) is a Norwegian politician for the Socialist Left Party. She became Minister of Modernisation in 2005, renamed to Minister of Government Administration and Reform since 2006 in the second cabinet Stoltenberg. S ...
of the Socialist Left Party, stated that the moving had had an important symbolic effect on the target areas, and that she did not see the lack of advantages as a reason to not move similar agencies later.


References

{{authority control Government agencies of Norway Organisations based in Bergen 1917 establishments in Norway Government agencies established in 1917 Competition regulators Consumer organisations in Norway Regulation in Norway