KKV raids merged competitors


The Swedish Competition Authority (KKV) carried out a dawn raid on the major Swedish tour bus operators Scandorama AB and Ölvemarks Holiday AB on 4 August 2009.

Scandorama and Ölvemarks offer guided charter bus tours on the Swedish market to a number of European destinations.  While they are two of the largest such operators in Sweden, they are relatively small companies with turnovers in 2008 of SEK 365 million and SEK 159 million respectively, carrying a total number of 60,000 – 70,000 passengers per year.

According to information received by KKV, the operators, both headquartered in Malmö at Sweden’s southern tip, for years have regularly held meetings and corresponded by email to decide prices, rebates and management of last-minute sales.

Scandorama, the larger operator, had bought 20% of Ölvemarks in 2007 with the stated goal of subsequently acquiring control of the company.  In the event, the Ölvemark Group acquired Scandorama in June 2009.  The two operators will continue operating as separate brands.


KKV press release at http://www.kkv.se/t/NewsPage____5135.aspx and Stockholm District Court decision 31 July 2009 in matter nr Ä11778-09