RBS Plc (AAC Capital) -with- Cardinal Health (Provision of financial services and the pharmaceutical sector.) [2010] IECompA M10010 (13 April 2010)

RBS Plc (AAC Capital) -with- Cardinal Health (Provision of financial services and the pharmaceutical sector.) [2010] IECompA M10010 (13 April 2010)

The Competition Authority determined that the acquisition would not substantially lessen competition in the relevant markets and cleared the transaction.

Citation
[2010] IECompA M10010
Parties
Acquirer: RBS Plc (AAC Capital); Target: Cardinal Health Inc.
Jurisdiction
Ireland
Judgment Date
13 April 2010
Procedural Posture
Merger Notification / Clearance (phase 1)
Outcome
cleared
Legal Topics
Acquisition, Sole Control, Financial Services, Pharmaceutical Sector
Competition Law Merger Control Acquisition Sole Control Financial Services Pharmaceutical Sector

Case Brief

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Full judgment text Downloadable case file Legal principles 1 Authorities cited 1 Party arguments 2 Amounts and remedies 1
Sign in to unlock

Parties

RBS Plc (AAC Capital)

Acquirer

Cardinal Health Inc.

Target

Procedural Posture

Merger Notification / Clearance (phase 1)

Legal Issues

  1. 1 Whether the proposed acquisition by RBS Plc of certain subsidiaries of Cardinal Health Inc. would substantially lessen competition in the relevant markets.

Ratio Decidendi

The Competition Authority determined that the acquisition would not substantially lessen competition in the relevant markets and cleared the transaction.

Court Disposition

cleared

Orders

  • The acquisition by RBS Plc of certain subsidiaries of Cardinal Health Inc. is approved.