Mjólkursamsalan, (MS) is an Icelandic company that produces milk and other dairy products and is the largest company in the Icelandic dairy industry [1] MS is owned by two cooperatives, Auðhumla a cooperative of Icelandic dairy farmers[2] and Kaupfélag Skagfirðinga a cooperative founded in 1889 in Sauðárkrókur.[3]
 | |
| Founded | 4 September 1927 |
|---|---|
| Headquarters | Bitruhálsi 1, 110 Reykjavík |
ISK 293 million (2010)  | |
| Website | http://www.ms.is/ |
MS was formed in the 1990s to reduce cost of production.[4][5] Its oldest constituent is Mjólkursamlag KEA, a dairy cooperative founded in 1927.[6] 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.[clarification needed][7][8]
References
edit- ^ "Dairy products".
- ^ "Um Auðhumlu".
- ^ "Kaupfélag Skagfirðinga með tveggja milljarða hagnað".
- ^ "Tímarit.is".
- ^ "Tímarit.is".
- ^ "Uppruninn".
- ^ Helgason, Haukur Már (10 October 2014). "The Milk Monopoly". Reykjavik Grapevine. Reykjavik. Archived from the original on 15 December 2017. Retrieved 15 December 2017.
- ^ "Annual Report on Competition Policy Developments in Iceland". www.oecd.org. OECD. Retrieved 19 December 2018.
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