Norwegian Competition Authority extends its review
The Norwegian Competition Authority has announced that it will continue its review of Coop Norway’s acquisition of ICA Norway. The review process can take a maximum of 130 working days which means that a final decision will be notified no later than 18 May 2015.The Authority can choose to conduct a short (known as Phase 1) or a longer (Phase 2) review. The Authority has today announced that it chooses to conduct a longer review. The Authority has a maximum of 130 working days in which to reach a decision. Coop submitted its notification of the transaction on 5 November so the latest date