News - 21.03.2024

Warnings issued about a bill on meat processing facilities

VR, the Consumers´ Association of Iceland, the Federation of Trade and Services (SVÞ) and the Icelandic Federation of Trade (FA) strongly warn against the adoption of a bill on the exemption of meat processing facilities from competition laws. The associations agree with the assessment of the Icelandic Competition Authority that the likely result of the approval of the bill would be an increase in the price of meat products and thus increased inflation. It would be completely unacceptable if this bill, which goes against the interests of consumers, workers and trade, is approved as the government's first legal amendment after the signing of the collective wage agreements and the issuance of the government's declaration regarding them.

The organizations have sent a joint comment on the bill to Alþingi, where it is demanded that it be withdrawn. See here, in Icelandic only.