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29 November 2022 at 08:50 NOK 545 million in fines for price collusion in the book market The Competition Authority is imposing fines of a total of NOK 545 million on Norway’s four largest publishers, Gyldendal, Cappelen Damm, Vigmostad & Bj\u00f8rke and Aschehoug, and Bokbasen for violations of the Competition Act. It is illegal for competitors to share information that could limit competition in a market, writes Finanstilsynet. – Through the investigation, the Norwegian Competition Authority has found a lot of evidence that the publishers have shared competition-sensitive information in a database to which they all had access, says competition director Tina S\u00f8reide. – This has given the players a complete overview of each other’s behavior in the market, and may have led to us consumers having to pay higher prices for books. 29 November 2022 at 08:50 NOK 545 million in fines for price collusion in the book market The Competition Authority is imposing fines of a total of NOK 545 million on Norway’s four largest publishers, Gyldendal, Cappelen Damm, Vigmostad & Bj\u00f8rke and Aschehoug, and Bokbasen for violations of the Competition Act. It is illegal for […]<\/p>\n","protected":false},"author":1,"featured_media":20338,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[2107,705,2265,82,1857,679,16,1490,1062],"class_list":["post-23741","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-book","tag-cooperation","tag-fees","tag-latest","tag-market","tag-million","tag-news","tag-nok","tag-price"],"_links":{"self":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/23741","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/comments?post=23741"}],"version-history":[{"count":0,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/23741\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/media\/20338"}],"wp:attachment":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/media?parent=23741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/categories?post=23741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/tags?post=23741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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