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Changes Proposed to Pricing in Dairy Industry

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Changes Proposed to Pricing in Dairy Industry

Cows

Photo: Páll Stefánsson.

Sixteen MPs of the Social Democratic Alliance, Bright Future and the Pirate Party submitted a bill in Alþingi, the Icelandic parliament, this week on amendments to the law on price consultation in the dairy industry. The current law is being criticized for hindering competition.

The bill suggests exemptions from the competition law regarding consultation, merging and price maneuver in the dairy industry to be abolished from the law on the production, pricing and sale of agricultural products. MP Helgi Hjörvar of the Social Democrats is the bill’s first motioner, ruv.is reports.

The exemptions in question were passed in a bill in 2004 and an earlier attempt to abolish the exemptions was dismissed in parliament.

The dairy industry has been debated in the media and in parliament lately because the Icelandic Competition Authority fined MS for abusing its dominant position on the market to hinder competition. MS has appealed the authority’s decision.

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