Despite vast changes, the Norwegian Structural Quota System kept a strong focus on regional distribution and this was also partly the ambitions with the Swedish introduction of market mechanisms in 2009 and 2017. The latter example, including Finland in 2017, can, perhaps, be seen as part of an emerging third phase where different objectives are increasingly balanced through regulated quota markets and the complimenting management instruments. Recent changes to the Danish, Icelandic, Faroese and perhaps soon also the Greenlandic systems also point in this direction - a "softening" of market mechanisms. This makes sense since most of the introductions of transferable quotas have been concerned with improving the economic situation in the sector.