21 Aug 2024 --- The Norwegian Competition Authority (NCA) has fined three top grocery chains a total of 4.9 billion NOK (US$466 million) after they illegally shared extensive price information, restricting fair competition.Under Norwegian law, competitors are prohibited from sharing information, which limits competition. Coop, Norgesgruppen and Rema — which account for 95% of turnover in the Norwegian groceries market— received the fine after they shared “large quantities” of “price surveillance” from their respective stores with each other.