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Mjólkursamsalan

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Icelandic dairy company
Mjólkursamsalan (MS)
[REDACTED]
Founded4 September 1927
HeadquartersBitruhálsi 1, 110 Reykjavík
Net incomeISK 293 million (2010) Increase
Websitehttp://www.ms.is/

Mjólkursamsalan (Icelandic pronunciation: [ˈmjoul̥kʏrˌsamˌsaːlan], MS) is an Icelandic company that produces milk and other dairy products and is the largest company in the Icelandic dairy industry MS is owned by two cooperatives, Auðhumla a cooperative of Icelandic dairy farmers and Kaupfélag Skagfirðinga a cooperative founded in 1889 in Sauðárkrókur.

MS was formed in the 1990s to reduce cost of production. Its oldest constituent is Mjólkursamlag KEA, a dairy cooperative founded in 1927. It has about 90% share of the Icelandic milk market, and has an ongoing dispute with the Icelandic competition authority regarding a legal provision in a special law dealing with the dairy industry.

References

  1. "Dairy products".
  2. "Um Auðhumlu".
  3. "Kaupfélag Skagfirðinga með tveggja milljarða hagnað".
  4. "Tímarit.is".
  5. "Tímarit.is".
  6. "Uppruninn".
  7. Helgason, Haukur Már (10 October 2014). "The Milk Monopoly". Reykjavik Grapevine. Reykjavik. Archived from the original on 15 December 2017. Retrieved 15 December 2017.
  8. "Annual Report on Competition Policy Developments in Iceland". www.oecd.org. OECD. Retrieved 19 December 2018.


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