Combined Performance Measurement Services Ltd [1999] IECA 562 (27th July, 1999)

Combined Performance Measurement Services Ltd [1999] IECA 562 (27th July, 1999)

The undertakings involved are under common control following the merger between Marsh & McLennan and Sedgwick Group plc and are not competitors; therefore, the notified agreement does not have the object or effect of preventing, restricting or distorting competition and does not contravene Section 4(1) of the Competition Act, 1991.

Citation
[1999] IECA 562
Parties
Notifying Party: William M. Mercer Fraser Ltd (Mercer); Notifying Party: Pension and Investment Consultants Ltd (PICL); Notifying Party: Irish Pension Trust Ltd (IPT); Joint Venture Company: Combined Performance Measurement Services Ltd (CPMS)
Jurisdiction
Ireland
Procedural Posture
Competition Authority Proceeding / Final Decision
Outcome
Certificate granted; agreement does not contravene Section 4(1)
Legal Topics
Joint Venture, Section 4 Competition Act 1991, Merger Control, Agreement Between Undertakings
Competition Law Joint Venture Section 4 Competition Act 1991 Merger Control Agreement Between Undertakings

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Parties

William M. Mercer Fraser Ltd (Mercer)

Notifying Party

Pension and Investment Consultants Ltd (PICL)

Notifying Party

Irish Pension Trust Ltd (IPT)

Notifying Party

Combined Performance Measurement Services Ltd (CPMS)

Joint Venture Company

Procedural Posture

Competition Authority Proceeding / Final Decision

Legal Issues

  1. 1 Whether the joint venture agreement contravenes Section 4(1) of the Competition Act, 1991

Ratio Decidendi

The undertakings involved are under common control following the merger between Marsh & McLennan and Sedgwick Group plc and are not competitors; therefore, the notified agreement does not have the object or effect of preventing, restricting or distorting competition and does not contravene Section 4(1) of the Competition Act, 1991.

Court Disposition

Certificate granted; agreement does not contravene Section 4(1)

Orders

  • The Competition Authority certifies that the joint venture agreement dated 28 May 1990 between William M. Mercer Fraser Ltd, Pension and Investment Consultants Ltd, Irish Pension Trust Ltd and Combined Performance Measurement Services Ltd does not contravene Section 4(1) of the Competition Act, 1991, as amended.