Duke Street -with- Cardpoint -with- Alphyra -with- Payzone (Electronic transaction _ payment services in the State (including, for example, in respect of electronic mobile phone top-up, utility top-up and bill payment and EFT processing)) [2010] IECompA M10005 (09 February 2010)

Duke Street -with- Cardpoint -with- Alphyra -with- Payzone (Electronic transaction _ payment services in the State (including, for example, in respect of electronic mobile phone top-up, utility top-up and bill payment and EFT processing)) [2010] IECompA M10005 (09 February 2010)

The Competition Authority found that the proposed acquisition would not substantially lessen competition in the electronic transaction/payment services sector and cleared the transaction.

Citation
[2010] IECompA M10005
Parties
Acquirer: Duke Street; Target: Cardpoint Limited; Target: Alphyra Holdings Limited; Parent: Payzone plc
Jurisdiction
Ireland
Judgment Date
09 February 2010
Procedural Posture
Merger Notification / Clearance Decision (phase 1)
Outcome
cleared
Legal Topics
Acquisition of Sole Control, Electronic Transaction Services, Payment Services
Competition Law Merger Control Acquisition of Sole Control Electronic Transaction Services Payment Services

Case Brief

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Parties

Duke Street

Acquirer

Cardpoint Limited

Target

Alphyra Holdings Limited

Target

Payzone plc

Parent

Procedural Posture

Merger Notification / Clearance Decision (phase 1)

Legal Issues

  1. 1 Whether the proposed acquisition by Duke Street of sole control of Cardpoint Limited and Alphyra Holdings Limited raises competition concerns in the electronic transaction/payment services sector

Ratio Decidendi

The Competition Authority found that the proposed acquisition would not substantially lessen competition in the electronic transaction/payment services sector and cleared the transaction.

Court Disposition

cleared

Orders

  • The proposed acquisition by Duke Street of sole control of Cardpoint Limited and Alphyra Holdings Limited is cleared.