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Norway: Retail co-op agreement under threat

By  |  February 26, 2013

A cooperation agreement between retailing giant ICA and grocery retail giant Norgesgruppen is under threat. The Norwegian Competition Authority issued a notification Tuesday warning that the authority may prohibit the agreement between the two entities. According to reports, ICA believes the agreement is in compliance with competition legislation; the company has until March 8 to respond to the notification, though the notification is not a definitive blocking of the agreement.

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