Press Release: Mergers: Commission fines Marine Harvest € 20 million for taking control of Morpol without prior EU merger clearance

The European Commission on 23 July 2014, imposed a fine of € 20 million on salmon farmer and processor Marine Harvest ASA for acquiring its rival Morpol ASA, both of Norway, without having received prior authorisation under the EU Merger Regulation.

The Commission concluded that Marine Harvest should have been aware of its obligations to notify and await clearance from the Commission before proceeding with the acquisition.